EDC

EDC prices fell to US$445/MT in Asia in the week of October 15, 2007 mainly due to slackening market demand. The EDC markets had a gloomy outlook as market players refrained from buying despite lower offers from suppliers. Weak buying sentiments in Asia reflected the poor downstream VCM and PVC markets. Prices are expected to dip further as buyers' interest remains pegged at least 20 dollars lower than current prices.

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