Stay abreast of the regional Vinyl acetate monomer markets that matter to you.
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Updated to Q2 2020
The Russian producer, Stavrolen, out of production since summer 2019, is back again. This should lead to renewed supplies of VAM to traders and former customers, especially in Poland. However, much larger quantities are imported from the US and these may be constrained if the coronavirus pandemic and consequent restrictions bite more severely in the Gulf region.
Against expectations, consumption at the end of the first quarter, and order indications for April are surprisingly robust. However, players are much less sanguine about the prospects thereafter. There are early signs of weaker demand further out, mainly driven by the general economic downturn, arising from lockdown measures to combat the pandemic. Thus, quarter two is likely to see a fairly acute contraction in total demand.
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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Vinyl acetate monomer (VAM) is used in water-based paints, adhesives, acrylic fibres, paper coatings and non-woven binder applications.
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.
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