Ethylene Dichloride Prices

Ethylene Dichloride Prices December 2023

The ethylene dichloride prices in the United States for Q4 2023 reached 250 USD/MT in December. The market was under pressure due to high stockpiles and weak demand, particularly from the PVC sector. Destocking activities and an unpredictable export prospects further strained market conditions, leading to decreased purchasing sentiments and a challenging pricing environment.

The price trend for ethylene dichloride in South Korea for Q4 2023, reached 330 USD/MT in December. The market faced oversupply issues, causing a bearish market environment. Limited buying interest and an ample supply situation drove prices downward, reflecting a cautious approach among market participants and a general trend of softer pricing throughout the region.

The price trend for ethylene dichloride in Saudi Arabia for Q4 2023, reached 284 USD/MT in December. The market experienced a steady state, with balanced supply and demand. Adequate inventory levels helped manage the supply-demand equilibrium, but higher input costs and an upcoming production shutdown could introduce some volatility in the market.

The price trend for ethylene dichloride in Netherlands for Q4 2023, reached 341 USD/MT in December. The market saw significant price fluctuations in Q4 2023 due to limited supply and high input costs. Inventory constraints created upward pressure on prices, leading to a bullish market stance amidst broader European challenges and cautious market sentiment.

Ethylene Dichloride Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Ethylene Dichloride Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of ethylene dichloride pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of ethylene dichloride at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of ethylene dichloride price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing ethylene dichloride price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Ethylene Dichloride Market Analysis

The global ethylene dichloride market size reached US$ 20.3 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 33.2 Million, at a projected CAGR of 5.60% during 2023-2032.

• The drive towards cleaner and more sustainable industrial production has played a crucial role for the EDC industry. While not used in the refines of fuel oils, the relevance of EDC in promoting the application of PVC which is used by environmental applications, contribute greatly. By purchasing biodegradable, recyclable, or renewable materials, companies show their commitments to environmental protection and help to increase the market for such products. 
• VCM is produced by ethylene dichloride and then converted to PVC. VCM is the monomer-building block, and likewise, PVC is a plastic out of which numerous products have been made of. PVC polymer works almost everywhere where we can see it used in construction, healthcare, and automotive industries, etc, and this is demand for EDC.
• In 2022, over 98% of global EDC consumption was used for VCM production. Western Europe, mainland China and the United States have the most significant EDC consumption into non-VCM uses, primarily for chlorinated solvents, ethyleneamines and vinylidene chloride.
• Technological innovation in production technologies such as the inception of dirtier-efficient-environmentally friendly manufacturing techniques has the potential of curbing the manufacturing cost of EDC and to eliminate the environmental effect as a whole.
• The production of PVC, which is mainly used for water and sanitation infrastructure, and which constitutes a major market for EDC, heightens the demand for EDC. Worldwide projects to advance access to clean water and environmentally friendly sanitization systems, especially in the developing countries, are likely to stimulate the overall demand for PVC products and by extension, the demand for EDC.
• The market volatility around the availability of natural gas and crude oil are the major factors that significantly influence EDC production costs. As the production of EDC is an energy-intensive process, the dynamics of energy markets are pertinent to profitability and the strategies for pricing in the EDC market.
• Government policies and regulations regarding chemical manufacturing, ecological protection, and business trade, can influence the evolution of EDC market greatly. Such policies as environmental sustainability or chemicals manufactured due to health problems may push producers foreign to innovation in production processes or influence market demand.

Ethylene Dichloride News

The report covers the latest developments, updates, and trends impacting the global ethylene dichloride market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in ethylene dichloride production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the ethylene dichloride price trend.

Latest developments in the ethylene dichloride industry:

• In 2023, SABIC AND SINOPEC announce commercial operation of pc plant at joint venture SSTPC. SSTPC is a mega-size petrochemical complex that already consists of nine world-scale production plants producing chemicals, polyethylene, and polypropylene.
•  In 2021, TA’ZIZ and Reliance Launch Strategic Joint Venture for $2 Billion Chemicals Projects in Ruwais. The joint venture, TA'ZIZ EDC & PVC, is poised to establish and operate a cutting-edge facility that produces polyvinyl chloride (PVC), ethylene dichloride (EDC), and chlor-alkali.

Product Description

Ethylene dichloride (EDC) is a chlorinated hydrocarbon primarily employed in the preparation of vinyl chloride monomer (VCM). The latter is in turn a monomer for PVC polymer, which is an organic compound that is synthesized from petroleum. EDC is a clear liquid with a chloroform-like odor, that is extensively used in the chemical industry for its function in producing a wide range of products from PVC pipes, cable coverings to upholstery. The pathways of the production of the chlorination ethylene, in which EDC is formed apart from other secondary materials. EDC is situationally volatile and has marked negative effects upon proper exposure, which results in respiratory disorders, liver damage, and even cancerous issues. EDC functions as primary material for VCM production as well as a solvent and an intermediate for other purposes of organic chemical syntheses, underlining the multifaceted role of this chemical.

Regional Coverage

The report provides a detailed analysis of the ethylene dichloride market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the ethylene dichloride price trend.

Global Ethylene Dichloride Price

The report offers a holistic view of the global ethylene dichloride pricing trends in the form of ethylene dichloride price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights the current price but also provides insights into ethylene dichloride historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into ethylene dichloride price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed ethylene dichloride demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

North America Ethylene Dichloride Price

In Q4 2023, the ethylene dichloride market in North America, especially the USA, faced considerable challenges. Ample stock and subdued demand created a surplus, particularly in the PVC sector, where low consumption and ongoing stock clearance activities weighed heavily on purchasing trends. This oversupply, coupled with a tentative export outlook, caused a dip in market confidence. The overall market was strained as players struggled with lower margins and high stock levels. The continuous supply pressure, coupled with a bearish market sentiment, contributed to a notable decline in ethylene dichloride prices. The challenging conditions reflected a broader market downturn with expectations of further softness in the coming months.

Specific ethylene dichloride historical data within the United States and Canada can also be provided.

Asia Pacific Ethylene Dichloride Price 

In the Asia Pacific region, the ethylene dichloride market in Q4 of 2023 presented a mixed picture, with varied supply dynamics shaping the pricing trends. While a balanced supply created stability in some areas, South Korea faced oversupply issues, leading to reduced buying interest and declining prices. This sentiment was mirrored in India, where the market was oversupplied, and transactions were modest, contributing to softer prices. Despite regional variations, the overall market saw fluctuating conditions, driven by supply levels and purchasing behavior. The cautious approach by buyers and ample inventories led to a bearish market environment in parts of the region.

This ethylene dichloride price analysis can be expanded to include a comprehensive list of countries within the region.

Middle East and Africa Ethylene Dichloride Price

The ethylene dichloride market in the Middle East and Africa (MEA) remained relatively stable in the fourth quarter of 2023, marked by balanced supply and demand dynamics. In Saudi Arabia, the market was influenced by adequate inventory levels, reducing the gap between supply and demand, despite high input costs due to rising crude oil prices. Market transactions increased modestly in the downstream PVC sector, even as players managed lower inventory levels. The planned maintenance shutdown in December at a major production facility hinted at potential supply shortages, which could drive market prices upward. Overall, the market conditions were defined by a delicate balance of supply management and cost pressures.

In addition to region-wise data, information on ethylene dichloride prices for countries can also be provided.

Europe Ethylene Dichloride Price

Europe's ethylene dichloride market in Q4 2023 encountered several hurdles, primarily due to restricted supply and elevated input costs. The combination of elevated crude oil prices and production cuts pressured inventories, impacting overall market stability. Despite a slight increase in demand within the downstream PVC sector, high-interest rates and sluggish growth tempered enthusiasm. In the Netherlands, reduced supply levels and inventory constraints led to a bullish market scenario, with prices experiencing notable changes. The market conditions were shaped by external economic pressures and supply-side constraints, reflecting a broader trend of volatility and cautious optimism about future market recovery.

This analysis can be extended to include detailed ethylene dichloride price information for a comprehensive list of countries.

Latin America Ethylene Dichloride Price

The analysis of ethylene dichloride prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of ethylene dichloride pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting ethylene dichloride price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The ethylene dichloride price charts ensure our clients remain at the forefront of the industry.