Thursday, October 11, 2007

EDC

EDC markets remained stagnant at US$460/MT in Asia in the week of October 8, 2007. A series of scheduled turnarounds for VCM plants across Asia has been mainly responsible for the declining demand. Declining demand from downstream VCM as well as PVC makers has kept EDC markets lackluster. A difference of 20-25 dollars lingers between the sellers offers and buyers bearish sentiments.

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