Vinyl chloride monomer Prices, markets & analysis
ICIS price reporting for regional Vinyl chloride monomer markets is unparalleled in its ability to keep you on top of the information you need.
Our network of price reporters delivers direct and regular insights into the local markets they work in.
Use ICIS information to:
- Inform your internal data models
- Substantiate your position in negotiations
- Set terms for settlements and contracts
Vinyl chloride monomer news and market information products from ICIS
We offer the following regional Vinyl chloride monomer coverage to keep you informed of factors and developments affecting prices in the "Asia, Europe & US" Vinyl chloride monomer marketplace.
Price Reporting – More information about the price reports we publish on Vinyl chloride monomer
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Gas
Track historical price data
News & analysis
News & Analysis - News & market analysis specifically relating to Vinyl chloride monomer
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Updated to Q1 2015
Similar to the last few quarters, vinyl chloride monomer (VCM) prices continued to closely track polyvinyl chloride (PVC) prices. While PVC prices saw improvements over the first quarter (Q1), VCM producers continued to face tight margins as feedstock ethylene prices soared over the same period. VCM sellers were unable to push up prices to their targeted levels as buyers kept their bids low due to slow performance in their domestic PVC markets.
Average ethylene, PVC and VCM prices were at $920/tonne CFR (cost & freight) northeast (NE) Asia, $765/tonne FOB (free on board) NE Asia, and $645/tonne CFR NE Asia respectively on 9 January and at $1,250/tonne CFR NE Asia, $867.50/tonne FOB NE Asia, and $740/tonne CFR NE Asia respectively on 27 March.
February- and March-loading cargo availability was tighter than usual as a few Japanese producers conducted plant turnarounds in those months.
Updated to Q1 2015
European vinyl chloride monomer (VCM) spot prices trended downward in the first quarter on the back of lower upstream prices.
ICIS VCM prices are adjusted based on a formula that takes into account price movements from the upstream product ethylene and downstream polyvinyl chloride (PVC).
For most of January, there was no evidence of any new activity in the market and the price range was thus left unchanged. The downstream PVC market was then in a weak season, and liquidity in the VCM market is very low because most production is integrated, with producers generally manufacturing EDC to use in derivative products and chemicals.
In February and going into March, prices fell on the back of lower ethylene and PVC prices, although the market was quiet and little new merchant activity was recorded.
However, increases in April ethylene and PVC prices have prompted a rise of $49-73/tonne in the assesssed range for spot VCM, in line with typical rises seen with movements of the related chemicals.
Updated to Q4 2014
The US vinyl chloride monomer (VCM) market saw prices weaken during the fourth quarter as global prices moved down in Asia.
US producers had to contend with higher feedstock costs from ethylene on a number of cracker outages that sent prices for derivative PVC up in September, but quickly began to lower.
Ethylene moved down to an average of $910/ton in November from $1,090/ton in September (from 54.5 cents/lb to 45.5 cents/lb).
That helped producers save margin as they began to price more competitively to maintain export share.
US exports of VCM are up 2% so far this year and in November surpassed 1m tonnes for the first 11 months of this year. Most of that business supplies PVC manufacturers in Colombia, Mexico, Canada and Australia and is done through contract.
US PVC spot export prices fell, too, down from $970-990/tonne on an FOB US Gulf basis in mid-August to $800-830/tonne during the first week of December.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Vinyl chloride monomer.
We offer unbiased and independent price reporting, with our price assessments being widely quoted as benchmarks in contracts.
Our information is collected from market participants by our global network of reporters, delivering unrivalled coverage of established and emerging markets, including China and Asia.
ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Vinyl chloride monomer. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Vinyl chloride monomer, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.