Ethylene dichloride (EDC) prices in Asia are at their highest in four years, and prices may remain supported into the first quarter of 2019 on continued tightness in spot supply. The rise in prices has been particularly due to sparse sup[ply in the market. There have been limited exports from US in this quarter. The decline in export form US is particularly due to usage of EDC in domestic production of PVC. Upcoming turnarounds at Middle Eastern EDC plants in March 2019 may also reduce spot volumes to Asia further.
