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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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News & Analysis - News & market analysis specifically relating to Vinyl acetate monomer
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Updated to Q3 2017
Supply of European vinyl acetate monomer (VAM) in Q3 was relatively stable following a period of comparative tightness in the first half. There is some statistical evidence to show that there was a reduction in supply in July because Eurostat data shows a decline for that month against both the preceding month and on an annualised basis. As Europe is predominantly an import market, with limited domestic production for the merchant market, these numbers are instructive. More recent figures have yet to be made available, although it is widely acknowledged that the market became more balanced during the quarter.
Demand in the three months to the end of September was relatively stable. Some softening was seen during the height of the summer holiday season but consumption was generally normal. Certainly, players did not claim that demand was either significantly higher or lower than for the same period last year. Offtake was sustained by vinyl acetate monomer (VAM) being strongly related to the building and renovation sectors, which are characteristically active in the warmer months.
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.