For clear insight into regional Vinyl chloride monomer markets, you need in-depth price reports direct from those regions.
That’s why ICIS maintains a network of locally based reporters, providing not just price assessments but market commentary and analysis.
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Vinyl chloride monomer US Transcript
The vinyl chloride monomer report or VCM is part of a global publication that is released on a weekly basis.
ICIS collaborates with our London and Singapore offices to create a thorough and global report.
Much of US VCM production is used internally by chlor-alkalai producers, but the ICIS weekly report also coves the spot market. VCM is said to be exported to Mexico by some US suppliers.
The VCM report provides timely, accurate information on the spot market. A smaller market like VCM can really be difficult for buyers or sellers because it is a challenge to get a clear picture of prices.
The ICIS report is a great asset to our customers because it gives a credible view of where prices are together with commentary of movements within the market. That kind of comprehensive information gives the subscribers confidence as they move ahead with their business decisions.
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Updated to Q3 2016
US vinyl chloride monomer (VCM) prices continued to track the price changes for derivative polyvinyl chloride (PVC) during the quarter, rising by an average of $30/tonne during the period.
US VCM trade is difficult to track, since most is consumed internally by backward-integrated PVC producers.
But US VCM exports of 662,282 tonnes through July are 4% ahead of their 2015 volumes as the US became a supplier for a major PVC producer in Mexico after a plant explosion there in the early part of the second quarter.
Export volumes of 322,070 tonnes to Mexico through the first seven months of the year are up 15% from the same period last year; volumes of 212,475 tonnes to Colombia during the period are up 8%; and shipments of 127,244 tonnes to Canada are up 26%, according to ITC data.
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.