Ethylene Dichloride / Vinyl Chloride Monomer Asia

摘要

EDC: The Asian ethylene dichloride market continued toweaken this week, despite firmer PVC prices downstream, asChina’s buying appetite remained sluggish. The CFR Far EastAsia EDC price dropped $10/mt from the previous week to$461/mt Thursday, while the CFR Southeast Asia price fell$10/mt week on week to $471/mt. Sentiment across Asianpetrochemical markets generally firmed this week asconcerns of economic crisis in Europe eased after Athensagreed to austerity measures that meant Greece could avoiddefault — a situation many feared could have led to anotherglobal financial shock. In addition, firming crude oil futuressparked active buying in polymers, such as PVC.