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EDC price continue to remain stable in Asia

With speculation and declining of feedstock values of many petrochemical products, EDC continue to maintain steady pace in its prices. CFR South East Asia prices were assessed at the levels of USD 405/MT and CFR FAR East Asia were assessed at the level of USD 400/MT.On other side feedstock Ethylene prices decline by USD 50/MTS in compare to last week’s closing values. FOB Korea prices were assessed at the level of USD 860/MT, reduced by USD 50/MT compare to previous week. CFR China prices for Ethylene were assessed at the level of USD 865/MT reduced by USD 40/MT from previous week.