ChemAnalyst Market Research Report

North America The fourth quarter of 2023 was challenging for the Ethylene Dichloride (EDC) market in North America, particularly in the USA. The market faced several factors that impacted prices and market dynamics. Firstly, high supply levels of EDC in the market due to ample inventories and low regional demand contributed to the bearish market situation. The PVC industry, a major consumer of EDC, experienced weak consumption and destocking activities, leading to lower purchasing sentiments. Additionally, the ongoing high supply pressure and uncertain export market outlook further affected the cost aspect of EDC in the region.  Furthermore, the USA witnessed a decline in EDC prices in the fourth quarter. The prices fell by 15.8% to reach USD 255/MT, FOB USGC towards the end of the quarter. This decline was driven by the sluggish demand in the PVC sector, along with the high inventory levels and destocking activities. The market players faced challenges in making sales on lower mar...

Ethylene Dichloride (EDC), a vital chemical compound, holds a pivotal role in various industries, including plastics, agriculture, and pharmaceuticals. The price of Ethylene Dichloride is subject to a multitude of factors, reflecting the intricate dynamics of the chemical market. A primary driver influencing EDC pricing is its significant application in the production of polyvinyl chloride (PVC), a widely used thermoplastic. As demand for PVC rises or falls, the market for EDC experiences corresponding fluctuations. The intricacies of this relationship stem from the integral role EDC plays in the PVC synthesis process, impacting its cost structure and, consequently, its market value. Raw material costs constitute another critical element in the determination of Ethylene Dichloride prices. EDC is derived from the chlorination of ethylene, and thus, the cost and availability of ethylene directly affect the overall production expenses. Ethylene, being a petrochemical, is influenced by fac...