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We offer the following regional Ethylene dichloride coverage to keep you informed of factors and developments affecting prices in the "Asia, Europe & US" Ethylene dichloride marketplace.
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Updated to Q3 2017
Overall EDC supply is constant in Q3, although when Hurricane Harvey hit the United States, there was a temporary shortage of cargoes from North America, supplies from the region (South Korea, Taiwan and Indonesia) are sufficient and there are also cargoes available from the Middle East. Overall EDC supply is sufficient and stable.
Demand in Asia for EDC was lacklustre. Buyers indicated that they had sufficient inventories for Q3 and indicated lower buying idea which saw EDC prices plunged in Q3, provided sufficient supplies available to the region. Many would-be EDC buyers were also balancing to buy or to make the cargoes on their own, as they were taking advantage of poor chlorine prices.
Updated to Q4 2017
European ethylene dichloride (EDC) became structurally tighter in Q4 2017 due to the closure of upstream chlorine capacity. However, this deficit was largely covered by imported EDC from overseas and by existing capacity, and as a result, spot prices trended downwards for the quarter overall.
European EDC demand fell towards the end of Q4 as a result of the seasonal lull in the downstream polyvinyl chloride (PVC) industry. However, the majority of EDC capacity in Europe is integrated into PVC production systems and the market is therefore not very sensitive to short term fluctuations in supply and demand.
Updated to Q4 2017
Supply of US ethylene dichloride (EDC) was long during the fourth quarter. Producers produced more EDC to consume the chlorine they were making as they ran caustic soda hard to capitalise on high margins for the chlorine co-product.
Demand for EDC during the fourth quarter declined on seasonal factors as the peak construction season had passed and demand for derivative polyvinyl chloride (PVC) eased.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Ethylene dichloride.
We offer unbiased and independent price reporting, with our price assessments being widely quoted as benchmarks in contracts.
Our information is collected from market participants by our global network of reporters, delivering unrivalled coverage of established and emerging markets, including China and Asia.
ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Ethylene dichloride. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Ethylene dichloride, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.