Our ICIS vinyl acetate monomer (VAM) reports are published weekly in Asia, Europe and the US and provide the reader with up-to-date, independent pricing information compiled by our locally-based reporters. Spot assessments are reported in all regions, while contracts only apply to Europe and the US.
The market intelligence of news and analysis provides the reader with the tools required to carry out informed business actions. Market commentary includes details of business taking place, regional overviews, upstream movements, production data and demand/supply patterns.
How we can help
Vinyl acetate monomer news and market information products from ICIS
We offer the following regional Vinyl acetate monomer analysis and news coverage to keep you informed of factors and developments affecting prices in the Vinyl acetate monomer marketplace.
Price Reporting – More information about the price reports we publish on Vinyl acetate monomer
Independent price assessments and market coverage by region
Price History – More information about the historical price data we publish on Vinyl acetate monomer
Track historical price data
News & analysis
News & Analysis - News & market analysis specifically relating to Vinyl acetate monomer
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Vinyl acetate monomer: Market overview
Updated to Q4 2017
Producers expect the supply of vinyl acetate monomer (VAM) to be tight in the fourth quarter due to planned shutdowns. The industry has been subject to significant unplanned outages which make it highly probable that there will be less material available in the final three months of 2017. Although Hurricane Harvey struck the US Gulf Coast at the end of August, the effect on the European market was negligible in September. With several key suppliers to the market suffering a loss of production and logistical problems, tighter overall supply in October will be fairly acute, and is not expected to make a substantial recovery in the next few months.
Against a generally benevolent economic background in Europe, demand in the final quarter of the year should remain reasonably healthy. It should however, decline during the period. In common with most other sectors, the market usually slows down from late November as the industry prepares for the Christmas holiday, and also because of customary de-stocking for year-end accounting. In addition, as downstream sectors enter the winter period, consumption will be adversely affected as the need for VAM applications in the paints and coatings industry slows.
Tight supply was expected to prevail on fresh production issues after a Singapore-based plant experienced curtailed output due to feedstock supply issues. Celanese has had to operate its 210,000 tonne/year VAM plant in Singapore at reduced capacity following a prolonged outage at its acetic acid plant since late August. Celanese is further scheduled to shut its Singapore VAM plant in early November for an overhaul following a delay from the initial schedule of end-July or early-August. The company’s Nanjing-based plant is also slated to shut 10 October for overhaul. This has exacerbated the already tight global supply situation following VAM plant outages in the US after Hurricane Harvey.
Faced with the prospect of an extended price rally amid fresh production issues in Asia, some end users felt compelled to secure November shipments earlier. Other end users were braced for tough negotiations in light of the wide buy-sell spread and as derivative pricing has yet to keep pace with the rapid feedstock cost hikes. Yet some end-users have not ruled out reducing their plant operating rates on account of squeezed margins. Distributors were opting to minimize purchases to iso-tank lots amid the escalating replacement costs.
Supply will remain tight for a part of Q4 as production gets back to normal in the aftermath of Hurricane Harvey. Supply levels should normalise for the rest of the quarter. Slower demand during the off-peak season will also remove some pressure on supply.
For part of Q4, demand will be strong for the limited amount of material on hand in the aftermath of Hurricane Harvey. Overall, however, demand will decrease through the quarter as it will be the off-peak season for the downstream markets.
News & analysis
Vinyl acetate monomer news & analysis
Regional price assessments, published daily or weekly, enabling you to keep track of trading prices, understand price drivers/fluctuations and set a benchmark for contract price settlements. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. Information covered in our price reports includes:
- Spot and contract price assessments
- Market commentary on trends and developments
- Transactions reported and confirmed
- Plant and production news
Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences.
Price forecast services
Produced by the ICIS Consulting team, these reports give a robust rolling 12-month price forecast, trade balances and in-depth analysis into where markets are heading – providing a valuable tool to support your short- to medium-term plans.
Dashboard – Easy access to ICIS pricing data
ICIS pricing intelligence is delivered to you online via the ICIS dashboard. Here you can view your reports and also access other useful services including related news, analysis, historical data and market alerts.
ICIS dashboard also makes it easy for you to create pricing charts, download price history and export data to create tailored analytical models.
- Find more about ICIS dashboard >>
- Find out more about new ICIS data delivery options: Excel Plug-In & API >>
ICIS weekly margin reports deliver the detail you need to understand how production costs and prices are affecting margins, enabling you to judge the likely impact on your business and optimise your upstream and downstream business decisions.
Supply and Demand Window on ICIS Dashboard
The Supply and Demand Window on the ICIS Dashboard provides a snapshot view of historical and forecast information for supply and demand, production capacity and trade flows – a key tool to help safeguard future investments within the chemicals market.
24-hour global coverage of breaking news in the petrochemical industry, including updates on production, shutdowns and key transacted deals, keeping you informed of market developments as they happen. The ICIS news service allows you to customise the market alerts delivered to your email inbox, providing the business-critical information you need straightaway.
ICIS Chemical Business magazine
If you want to keep updated on the factors driving price movements in the global chemical markets, ICIS Chemical Business provides a summary of the information you need to support your business decisions. Every week, our global team of experts digests and summarises the key issues and their potential impact on the market – all in one magazine.
Market Studies & Analysis
Supply & Demand Data
An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. Information is included on global and regional trade flows, production, capacity and sources of demand in the short-, medium- and long-term. Data can be downloaded, customised and queried to support your planning requirements and your strategic decisions.
Training & Conferences
ICIS provides specialist training courses across the global petrochemicals, base oils and fertilizers industries. Our training team of industry experts can help you increase your knowledge of the industry and gain the insight and know-how needed to operate and trade effectively.
Find out more about ICIS training courses >>
ICIS produces a series of highly informative and timely conferences. Extensive research is carried out to ensure that each programme delivers the information you need and addresses current industry issues. We source speakers who have the appropriate expertise and experience to deliver excellent quality papers.
Find out more about ICIS conferences >>
Working closely with you to understand your strategies, challenges and ambitions, the ICIS consulting team deliver tailored advice and solutions to suit your unique requirements. With many years’ experience of guiding business leadership teams, we show you how market conditions can make a positive or negative impact on your long-term plans.
ICIS expert consultants can provide your organisation with the insight, intelligence and data needed to build and grow your business in China. We can help you to gain a clear view on the short and long-term supply and demand picture in the chemicals, energy, iron and steel, non-ferrous metals and paper and pulp markets in China.
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 acetate 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.
Vinyl Acetate Monomer Methodology
About Vinyl acetate monomer
Vinyl acetate monomer (VAM) is a colourless, volatile, flammable mobile liquid, with characteristic sweet etheral odour. Vinyl acetate is a dangerous fire and explosion hazard because it will polymerise violently when exposed to heat.
It is a key intermediate used in the making of a number of polymers and resins for adhesives, coatings, paints, films, textiles and other end-products.
The largest derivative is polyvinyl acetate (PVA) which is mainly used in adhesives as it has good adhesion properties to a number of substrates including paper, wood, plastic films and metals. Other uses for PVA include paper coatings, paints and industrial coatings.
The second largest consumer of VAM is polyvinyl alcohol (PVOH) which is manufactured from PVA.
VAM is consumed in the manufacture of ethylene vinyl acetate (EVA) and vinyl acetate ethylene (VAE).
A fast growing use of VAM is the manufacture of ethylene vinyl alcohol (EVOH) which is used as a barrier resin in food packaging, plastic bottles and gasoline tanks, and in engineering polymers.
Other VAM derivatives include vinyl chloride-vinyl acetate copolymers which have major applications in coatings, paints and adhesives.
VAM is usually produced by the catalysed, vapour phase reaction of acetic acid with ethylene and oxygen in a fixed bed tubular reactor using a supported noble metal catalyst. The VAM is recovered by condensation and scrubbing and purified by distillation.