vam

Prices U.S.: 55 cts-65 cts/lb del, second-quarter contracts; $950-$1,100/m.t. fob spot EUROPE: €1,100-€1,150/m.t. del, second-quarter contracts; $950-1,000/m.t. fob, spot ASIA: $1,100-1,500/m.t. c&f, spot Outlook Global demand for vinyl acetate monomer (VAM) reached an all-time high of 4.8 million m.t. in 2006, but the addition of nearly 700,000 m.t. of capacity in the last two years dragged down global operating rates to 83%, says SRI Consulting (SRIC; Menlo Park, CA). Rising acetic acid and ethylene feedstock prices have prompted Dow Chemical to...

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