VAM producers push for price hike

July 2006
ICIS Chemical Business;7/3/2006, Vol. 1 Issue 26, p29
Trade Publication
The article reports that European vinyl acetate monomer (VAM) producers are looking for another price hike and some decent margin improvement in the third quarter (Q3) of 2006. A 4% increase for initial Q3 ethylene contracts suggests further hikes for VAM. The key feedstock rose €35/tonne for Q3. Supply is balanced and reduced volumes are entering Europe. Imports have been impacted by production issues in Taiwan and limitations in Russian output because of difficulties sourcing acetic acid feedstock.


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