EDC Prices remain steady while VCM prices march higher in Europe.

http://www.petrotahlil.com/en/tiny/news-43485

Petrotahlil :This week, despite bearish upstream ethylene values, EDC prices were assessed stable in Europe.

FOB North West Europe EDC prices, were assessed at the USD 230/mt levels, unchanged from the previous week.

Feedstock ethylene spot prices on Friday, were assessed at the Euro 875/mt FD North West Europe levels, a sharp drop of Euro 25/mt from the previous week.

Meanwhile, VCM prices were assessed higher, at the USD 650/mt FOB North West Europe levels, a week on week increase of USD 15/mt. Reports of constrained product avails and a lift in buying interests, supported the price rise.

Downstream PVC contract prices, were assessed steady, at the Euro 905/mt FD North West Europe levels.

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