11 December 2008 19:14 [Source: ICIS news]
HOUSTON (ICIS news)--US exports of vinyl acetate monomer (VAM) in October totalled 29,689 tonnes, down 7% from 32,005 tonnes during the same month last year, the US International Trade Commission (ITC) said on Thursday.
October exports also were up by almost 7% from 27,807 tonnes in September this year, the ITC said.
Canada, Mexico, Brazil and Saudi Arabia were the top four export destinations in October, accounting for a collective 14,135 tonnes - or about 48% of total shipments.
US VAM exports increased by 31% through October this year compared with the same period of 2007, reflecting a soft domestic market and sluggish US economy, market sources said.
US Gulf export FOB (free on board) prices were $1,150-1,250/tonne (€886-963/tonne) over the past month, according to global chemical market intelligence service ICIS pricing.
US VAM producers include Celanese, Dow Chemical, DuPont and LyondellBasell.
($1 = €0.77)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections