Thursday, March 27, 2008


Propped by buoyant VCM and PVC markets, EDC prices in Asia have moved up to US$435/MT in the week of March 24, 2008. Selling intent for April shipment lingered around US$450/MT CFR FE, while buying interest propped up to hover around US$435/MT. Resumption of production at several VCM plants in the region after annual turnaround is estimated to improve market demand.

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