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Vinyl acetate monomer news and market information products from ICIS
We offer the following regional Vinyl acetate monomer coverage to keep you informed of factors and developments affecting prices in the Europe Vinyl acetate monomer marketplace.
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Updated to Q1 2018
The European VAM market in Q1 was dogged by supply constraints which made the market increasingly tight. There were various maintenance programmes in different parts of the world which also kept supply snug. It appears that producers favoured other regions where returns were more attractive, and this strategy helped prices to move steadily upward to adjust for this perceived imbalance. At a secondary level, the global squeeze on upstream acetic acid may have contributed to these pressures on VAM.
The first two months of the year are normally the slowest period for the downstream sectors where vinyl acetate monomer (VAM) is mainly utilised. Activity then begins to pick up in March, as converters prepare for the paintings and coatings sector to get into full swing. This year was no exception. Sellers said that demand was healthy, although the view from a buying perspective was less clear. Some converters said consumption was quite good, others said business was normal, and a few stated that it was flat to slow.
ICIS reports on vinyl acetate monomer (VAM) in Europe, US and Asia.
In Europe, the report consists of a quarterly contract price and a spot price. Both are quoted on a free delivered (FD) basis in northwest Europe (NWE) and prices are reported in euro per metric tonne.
The contract price is on a quarterly basis and in this market is settled notoriously late at the end of the quarter.
Spot prices reflect business for delivery four weeks forward.
Our report tracks the reasons for price changes in that given week.
Comments on contract talks, spot business, supply and demand issues as well as any pertinent news on imports or production that could be affecting the market.
Succinct updates are also provided for the upstream markets.
Europe is largely dependent on imported material.
The ICIS VAM report is a highly respected and key negotiating source of market information for this industry.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Vinyl acetate 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 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.