The prices of Ethylene dichloride (EDC) showed remarkable stability in the week ending on xth October. According to the analysts at ChemAnalyst, the stability in the prices was observed as a continuous trend from the past few months in the USA market. The stability in the prices was primarily driven by interplay of various factors which influenced the supply and demand dynamics of EDC in the market leading to stable prices. The prices stabilized at USD xxx/MT FOB USGC USA in the first week of October.
Despite Ethylene feedstock prices trending lower in the USA market, EDC prices remained largely stable while VCM prices gained in the USA market. The prices remained stable amid supply constraints with demand fundamentals remained mixed. In the supply side, supply remained tight owing to several maintenance activities and outages in the recent weeks. While the supply side remained disrupted,...
