Ethylene Carbonate (EC) Price Trend and Forecast


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Ethylene Carbonate (EC) Price showcased strong sentiments during this quarter in USA, due to substantial demand from downstream electric batteries. Consequently, prices of feedstock Ethylene Oxide rose steeply due to shortage during the meantime, which ultimately affected the price of Ethylene Carbonate in the country. Under new administration of Joe Biden, electric vehicles segment got a boost, as the new policies regarding emission from combustion engine gave opportunities to electrical vehicle manufacturers to expand their business. Meanwhile, many battery manufacturers planned to expand their production to counter the future demand in the country. Huntsman announced the expansion of its ultrapure Ethylene Carbonate manufacturing capacity by the mid of 2023.

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