Chempricehub News Report, October 29:
For ethylene-based vinyl acetate (VAM), the weekly average price of glacial acetic acid in Jiangsu Province was 4,280 yuan/ton, and the weekly average price of ethylene in Northeast Asia was $1,188/ton. Based on Chempricehub’s cost estimation formula, the theoretical production cost for ethylene-based VAM this week was 7,747.11 yuan/ton. The current weekly average ex-factory price for Shanghai Petrochemical’s ethylene-based VAM in East China was 7,320 yuan/ton, resulting in a weekly average theoretical gross margin of -487.1 yuan/ton.
For carbide-based vinyl acetate (VAM), the weekly average price of glacial acetic acid in North China was 4,285 yuan/ton, and the weekly average price of calcium carbide in Northwest China was 2,435 yuan/ton. Based on Chempricehub’s cost estimation formula, the theoretical production cost for carbide-based VAM this week was 6,647.5 yuan/ton. The current market price for Changcheng Energy & Chemical’s carbide-based VAM in Jiangsu Province was 7,270 yuan/ton, yielding a weekly average theoretical gross margin of 562.5 yuan/ton.
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