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: Potash market on recovery path following rollercoaster ride
"Suppliers estimate global deliveries of potash in the first six months of 2014 at 32.5m-33m tonnes, which is nearly 10-15% higher than the same perio
VIDEO: ICIS Special Report - reasons behind 2014 VAM price surge