Tuesday, December 11, 2007

FEEDSTOCK - EDC

EDC prices stagnated at last weeks' US$400/MT in Asia in the week of December 10, 2007, mainly on waning demand from vinyl producers. A difference of almost twenty dollars exists between sellers quotes pegged at US$400-410/MT CFR Asia, and bids from Chinese end users. The persistently low buyers' bids have forced few downstream VCM producers to cut operating rates due to poor production margins.

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