The prices of Ethylene Dichloride (EDC) have shown a mixed trend across different regions. In China, EDC prices have inclined, while in Japan, they have remained stable. The construction sector&#xx;s downturn in much of the APAC region, influenced by China&#xx;s national debt issues and a labour shortage in Japan, has contributed to this stability. Similarly, in Europe, EDC prices have declined, influenced by the decline in the upstream ethylene and the downstream PVC market.
In the European region, during the initial week of June xxxx, the Ethylene Dichloride (EDC) market witnessed a decline of x.xx, with prices dropping from USD xxx/MT to USD xxx/MT in the Dutch market. This decline was primarily due to the falling prices of crude oil, an upstream input for EDC production. In Europe, the decrease in building permits and persistently high construction costs indicate a challenging year ahead for the...
