European and Middle Eastern Ethylene Dichloride Market Holds Steady Amidst Lack of Competitive Bids

European and Middle Eastern Ethylene Dichloride Market Holds Steady Amidst Lack of Competitive Bids

Xiang Hong 04-Mar-2024

During the week ending on March xst, xxxx, the prices of Ethylene Dichloride in German and Saudi Arabian markets have maintained stability. In the German market, there are increasing concerns related to the construction and real estate sectors. The stability in Ethylene Dichloride prices in the face of these concerns suggests a cautious market sentiment and were influenced by factors such as subdued demand, economic uncertainties, or other considerations in these specific industries.

The Ethylene Dichloride prices in Europe, specifically in the German market, have remained steady at USD xxx/MT for the week ending March xst, with the stability in upstream Ethylene prices contributing to this consistency. Simultaneously, prices in the downstream PVC market have also exhibited stability supporting Ethylene Dichloride prices. The decline in Eurozone activity, particularly in residential projects during February, has resulted in a downturn in construction activity for the first half of Qx...

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