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ECH prices in Asia to stay firm for the rest of August

August 17/2011

(ICIS) -- Epichlorohydrin (ECH) prices in Asia will likely stay firm for the rest of August because of high feedstock cost, with a strong possibility of rising in September as demand for the material is expected to peak, industry sources said on Wednesday.

In China, ECH was assessed at USD 2.200-2.300/tonne (EUR 1.518-1.587/tonne) CFR China Main Port (iso-tank) on 16 August, while Asian ECH values stood at USD 2.150-2.200/tonne FOB NE Asia (iso-tank), according to ICIS.

Asian ECH prices have been locked in the USD 2.200-2.300/tonne range over the past three weeks, as high feedstock costs and the wild swings in upstream energy prices amid heightened concerns over another global recession have stalled trades.

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