The US Epichlorohydrin (ECH) market experienced a significant price decline in September xxxx, primarily due to a cheaper freight rate, weakening demand in the downstream construction industry, and rising input costs. Not only the import prices, but the domestic market has also faced these challenges which created a bearish environment for US domestic Epichlorohydrin producers to revise their offered quotations negatively during September xxxx amid the risk of losing market share.
During September xxxx, the Epichlorohydrin market in the USA witnessed a downtrend followed by August. One of the most significant contributors to the price drop was the influx of competitively priced Epichlorohydrin imports from China amid reduced freight rates from Asia to the US. This intensified price competition in the US market, putting immense pressure on domestic producers to lower their prices to settle at USD xxxx/MT, Epichlorohydrin CFR, New Jersey, USA with a monthly...
