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: EPA ‘waters’ rule pours more fuel on opposition fires
“This rule will result in far more significant economic impact and unintended consequences than the Obama administration is leading people to believe.
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