Europe December epichlorohydrin contract falls €10/tonne

04 December 2012 23:59  [Source: ICIS news]

LONDON (ICIS)--European epichlorohydrin (ECH) December contract prices fell by €10/tonne ($13/tonne) because of lower feedstock propylene costs, sources said on Tuesday.

December ECH contracts settled at €1,610-1,640/tonne free delivered (FD) northwest Europe (NWE).

The price of feedstock propylene dropped by €17/tonne in December, reflecting a €10/tonne drop in the price of ECH, producers and buyers said.

The ECH market continues to be oversupplied because of lacklustre demand from the downstream epoxy resins industry. The epoxy resins industry consumes nearly 80% of ECH output.

($1 = €0.77) 

Follow Janos Gal on Twitter


By: Janos Gal
+44 208 652 3214



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly