Wednesday, September 26, 2007

POLYMER FEEDSTOCKS - EDC

Quiet conditions that prevailed in EDC markets kept prices down at US$460/MT in Asia in the week of September 24, 2007. A number of VCM plants in Asia are scheduled for annual maintenance shut down in October, keeping demand from downstream VCM makers down. Sellers continue to quote at last weeks' levels, but feeble demand is keeping bids at a level not higher than US$460/MT.

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