Asian Chemical Connections
US vinyl acetate monomer export prices jumped by another $100/tonne on a force majeure declared by DuPont, a sales allocation by another producer and other plant issues, sources said on 10 March.
The latest jump puts VAM at $1,335-1,435/tonne FOB (free on board), the fourth increase in a little over a month and the second $100/tonne hike in a week. The hike puts VAM FOB prices up by 33% so far this year.
INSIGHT: House Republicans poised to target EPA power rules
“Despite its claims, EPA does not have statutory authority to regulate carbon emissions from electric power plants.”
VIDEO: ICIS special report - impact of lower crude oil prices