Key Highlights:
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Despite declined VCM prices, EDC prices remained steady.
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Steady operating rates ensured balanced domestic supply amid steady demand.
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EDC demand was weak from construction sector but was balanced from automotive sector.
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Export volumes remained steady and not robust with limited pull from major exporting nations.
The Ethylene Dichloride (EDC) market went through a calm period in the first days of September xxxx. Despite a large fall in the price of Vinyl Chloride Monomer (VCM) due to a deepening downturn in the global PVC industry with particular emphasis on construction and infrastructure use, the EDC prices remained stable. It was reported that the prices of EDC were steady because the supply from the domestic market was balanced, supported by the stable operating rates, and output with no major production disruptions. The operating conditions were normal which,...
