Formosa Plastics raised PVC prices: what it means for Formosa Plastics stock

Published on 10/08/2026 at 11:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PVC exports reached USD 975.00 per ton for India. For Formosa Plastics stock, market value was TWD 517.5 billion on October 8, 2026.

Formosa Plastics, TW0001301000, Illustration mit AI erstellt.

Formosa Plastics raised its India PVC export quote by USD 25.00 per ton to USD 975.00 per ton on September 22, 2026, according to ChemNet. The move gives Formosa Plastics stock a fresh operating issue to digest: stronger Indian demand is supporting pricing, while policy changes remain a risk.

PVC pricing gains export support

The October shipping schedule marked Formosa Plastics' second PVC price increase, with regional increases of USD 10.00-25.00 per ton. The India quote reached USD 975.00 per ton, compared with USD 910.00 for the September schedule and USD 640.00 at the start of 2026, according to ChemNet.

India's minimum import price threshold was USD 766.00 per ton, and ChemNet reported that the Formosa Plastics shipment could qualify for zero-tariff treatment above that threshold. The same report identified a counter-factor: changes to Indian tariff rules or a decline in ethylene prices could weaken the current support for export pricing.

Second-quarter earnings recovered

Formosa Plastics reported second-quarter 2026 revenue of TWD 47.2 billion, up 4.10 percent year over year and 12.50 percent from the first quarter, according to Quartr. Pre-tax income reached TWD 10.86 billion, reversing a TWD 2.88 billion loss in the first quarter.

The improvement was broader than the headline revenue gain. Quartr said six-month net income reached TWD 13.92 billion, compared with a TWD 6.58 billion loss in the same period of 2025, while specialty chemicals increased their share of second-quarter revenue from 8.00 percent to 10.00 percent.

Stock remains near its yearly high

The Taiwan Stock Exchange quote was TWD 81.30 on October 8, 2026 at 1:30 p.m. CST, up 7.82 percent from TWD 75.40. The stock was 1.33 percent below its TWD 82.40 52-week high, while market capitalization stood at TWD 517.5 billion.

The next earnings report is scheduled for November 18, 2026, according to InvestPane. For investors, the key tension is visible in the numbers: PVC pricing and second-quarter profitability improved, but the stock is already close to its annual high and remains exposed to chemicals demand and trade policy.

What the PVC increase means

Formosa Plastics' export pricing shows how regional demand and tariff rules can matter as much as production costs. The USD 975.00 India quote stands USD 209.00 above the start-of-year level, but the durability of that premium depends on infrastructure demand, ethylene costs and future import policy.