Vinyl Acetate Monomer (VAM) Prices, Price, Demand & Supply | ChemAnalyst

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E-mail : [email protected] | website : www.chemanalyst.com/ Market Overview Asia Spate of plant turnarounds from Taiwan and South Korea throughout the third quarter of 2020 tightened the overall availability of VAM cargoes in Southeast Asia. Thus, prices of VAM in Q3 of 2020 Southeast Asia averaged around USD 807 per MT influenced by its healthy demand fundamentals and scarce product availability. Despite the restricted availability, paramount producers like Celanese and Dairen Chemicals continued to operate their plants at reduced rates amid fears of uncertainty prevailing from the second wave of Coronavirus in several parts of the region. Downstream demand for derivatives like Ethyl Vinyl Acetate (EVA) and Poly Vinyl Acetate (PVA) witnessed marginal recovery in Northeast Asia as countries restarted their business activities to save the sputtering economy. For more info : https ://www.chemanalyst.com/Pricing-data/vinyl- acetate-monomer-34 North America Market fundamentals of Vinyl Acetate Monomer (VAM) in North America remained weighed up buoyed by strong values of feedstock acetic acid and series of plant outages in the Gulf coast region due to a wave of seasonal hurricanes. Since much of the US VAM is used for catering the global demand, abrupt outages and logistic concerns restricted the trading activities, thereby confining the export revenue of the region. As per Celanese Corporation, 10% quarterly increment in demand from its major importer China was registered but the gains were overshadowed by the consistent availability of material due to high production rates in the native country. Vinyl Acetate Monomer (VAM) Pricing Overview

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Market fundamentals of Vinyl Acetate Monomer (VAM) in North America remained weighed up buoyed by strong values of feedstock acetic acid and series of plant outages in the Gulf coast region due to a wave of seasonal hurricanes. Since much of the US VAM is used for catering the global demand, abrupt outages and logistic concerns restricted the trading activities, thereby confining the export revenue of the region.

Transcript of Vinyl Acetate Monomer (VAM) Prices, Price, Demand & Supply | ChemAnalyst

Page 1: Vinyl Acetate Monomer (VAM) Prices, Price, Demand & Supply | ChemAnalyst

E-mail : [email protected] | website : www.chemanalyst.com/

Market Overview

Asia

Spate of plant turnarounds from Taiwan and South Korea throughout the

third quarter of 2020 tightened the overall availability of VAM cargoes in

Southeast Asia. Thus, prices of VAM in Q3 of 2020 Southeast Asia

averaged around USD 807 per MT influenced by its healthy demand

fundamentals and scarce product availability. Despite the restricted

availability, paramount producers like Celanese and Dairen Chemicals

continued to operate their plants at reduced rates amid fears of uncertainty

prevailing from the second wave of Coronavirus in several parts of the

region. Downstream demand for derivatives like Ethyl Vinyl Acetate (EVA)

and Poly Vinyl Acetate (PVA) witnessed marginal recovery in Northeast

Asia as countries restarted their business activities to save the sputtering

economy.

For more info : https://www.chemanalyst.com/Pricing-data/vinyl-

acetate-monomer-34

North America

Market fundamentals of Vinyl Acetate Monomer (VAM) in North America

remained weighed up buoyed by strong values of feedstock acetic acid and

series of plant outages in the Gulf coast region due to a wave of seasonal

hurricanes. Since much of the US VAM is used for catering the global

demand, abrupt outages and logistic concerns restricted the trading

activities, thereby confining the export revenue of the region. As per

Celanese Corporation, 10% quarterly increment in demand from its major

importer China was registered but the gains were overshadowed by the

consistent availability of material due to high production rates in the native

country.

Vinyl Acetate Monomer (VAM) Pricing Overview

Page 2: Vinyl Acetate Monomer (VAM) Prices, Price, Demand & Supply | ChemAnalyst

E-mail : [email protected] | website : www.chemanalyst.com/

Vinyl Acetate Monomer (VAM) Pricing Overview

Europe

The European Vinyl Acetate Monomer (VAM) market witnessed severe

supply issues primarily due to the turnaround of Celanese plant in Germany

followed by few other temporary turnarounds in the region. Strong

consumption from paints and coating sector on the arrival of summer

season in the country bolstered its demand fundamentals. Although supply

issues were resolved by the end of the quarter, momentum of recovery was

hindered by the buzz of resurgence of Coronavirus in several parts of the

region.

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Services

Market Analysis

Company-wise installed capacity, production volume and plant operating

efficiency is captured directly from manufacturers. Import and Export

volume is captured from government sources and demand for Vinyl Acetate

Monomer is calculated considering the production, import, export and

inventory-levels on the country and regional level markets.

Pricing Analysis

Vinyl Acetate Monomer price is correlated with the price trend of feedstock

Acetic Acid, demand-supply fundamentals and performance of the

construction and paints and coatings industry.

Company Profile

Basic details and information on financial performance of leading global

players in the Vinyl Acetate Monomer market is presented in a visually

captivating manner. Expansion plans and the company’s strategy is also

captured to understand the vision and mission of the company to help

understand the areas where companies need to focus more.

News & Deals

Daily updates on industry-specific and product-specific news, exclusive

primary-based news capturing plant shutdowns/outages/closures, capacity

expansions, operating rates, insights on demand-supply situation, awarding

of technology licenses, new product launch and deals specifying mergers

and acquisitions, strategic investments and disinvestments, to help players

capitalize on market opportunity.

Vinyl Acetate Monomer (VAM) Pricing Overview

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Methodology

ChemAnalyst gathers information through primary research surveys

conducted with various Vinyl Acetate Monomer manufacturers, spread

across the domestic and international market, suppliers and

dealers/distributors to gain insights into value-chains and demand-supply

scenario to assess the market situation. Thorough study of company’s

annual reports and secondary sources such as exhaustive search on

credible paid databases, including our internal database is done to verify

the information. All the collected information is analyzed, evaluated and

presented in chronological order to depict a meaningful and clear picture of

the concerned market.

Our dedicated team of industry experts comprehensively monitors and

analyzes various aspects of the Global Vinyl Acetate Monomer market. The

team analyzes various industrial segments, strategic viewpoints and

provides an analysis of the industry’s performance in the long run. This

would enable our clients in efficiently plan their future investments, mitigate

risk, understand the cost dynamics and strike out a balance amidst market

volatility.

Critical examination of the impact of COVID-19 pandemic on the global

supply chains and shift in demand patterns with change in buying

behavior of consumers across the globe.

Several ongoing development projects across industries are tracked,

followed by the details of major projects in the development stage, which

can positively or negatively influence Global Vinyl Acetate Monomer

market.

Pricing is captured through exhaustive primary interviews with domestic

and international manufacturers, traders and importers and customers

on daily, weekly, monthly and yearly basis.

Finally, region-specific markets for Vinyl Acetate Monomer are analyzed

and region-wise demand pattern is tracked.

Vinyl Acetate Monomer (VAM) Pricing Overview

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About

Vinyl Acetate Monomer (VAM) is a colourless organic chemical primarily

produced by acetoxylation of Ethylene with Acetic Acid and Oxygen in

presence of palladium catalyst in a fixed bed tubular reactor. The product is

mainly utilized as an intermediate in the chemical industry to produce Vinyl

Acetate Copolymers. By percentage segmentation, about 47% of overall

VAM produced globally is channelized to manufacture Polyvinyl Acetate

(PVA), which is a major compound in adhesives, water-based paints, paper

coatings and acrylic fibers applications. Another 30 per cent is utilized to

produce Polyvinyl Alcohol (PVOH) which is used as an intermediate in

glass laminated and packaging films. The remaining percentage is

processed to manufacture derivatives like Ethylene Vinyl Acetate (EVA),

Vinyl Acetate Ethylene (VAE) and Ethylene Vinyl Alcohol (EVOH). Since

EVA and EVOH are widely being utilized in new potential applications like

renewable energy and photovoltaic filaments, demand for feedstock VAM islikely to witness an appreciable surge in the coming years.

Vinyl Acetate Monomer (VAM) Pricing Overview