US September VCM exports drop 57%

13 November 2008 20:29  [Source: ICIS news]

HOUSTON (ICIS news)--US exports of vinyl chloride monomer (VCM) in September totalled 48,969 tonnes, down more than 57% from 114,191 tonnes during the same month last year, the US International Trade Commission (ITC) said on Thursday.

From January through September, US VCM exports decreased 12% when compared with the same period in 2007.

Mexico, Colombia and Canada were the top three export destinations from January through September, comprising 94% of total shipments, the ITC said.

US Gulf export FOB (free on board) prices were $520-570/tonne (€416-456/tonne) on Thursday, according to data from global chemical market intelligence service ICIS pricing.

US VCM producers include Formosa Plastics, Oxy Vinyls, Oxy Mar, Georgia Gulf, Shintech, Dow Chemical and Westlake.

($1 = €0.80)

For more on VCM, visit ICIS chemical intelligence
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By: Leela Landress
+1 713 525 2653

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