Chempricehub reported on November 12:
For ethylene-based vinyl acetate monomer (VAM), the weekly average price of glacial acetic acid in Jiangsu was 3,781 yuan/ton, and the weekly average price of ethylene in Northeast Asia was $1,248/ton. Based on Chempricehub’s cost estimation formula, the theoretical production cost for ethylene-based VAM this week is 7,518.58 yuan/ton. The current weekly average ex-factory price for Shanghai Petrochemical’s ethylene-based VAM in East China is 7,360 yuan/ton, resulting in a theoretical weekly gross margin of -187.63 yuan/ton.
For calcium carbide-based VAM, the weekly average price of glacial acetic acid in North China was 3,945 yuan/ton, and the weekly average price of calcium carbide in Northwest China was 2,500 yuan/ton. According to Chempricehub’s cost estimation formula, the theoretical production cost for calcium carbide-based VAM this week is 6,461.5 yuan/ton. The current market price for Changcheng Energy Chemical’s VAM in Jiangsu is 7,310 yuan/ton, yielding a theoretical weekly gross margin of 848.50 yuan/ton.
In another scenario for calcium carbide-based VAM, with the weekly average price of glacial acetic acid in North China at 2,559 yuan/ton and calcium carbide in Northwest China at 2,550 yuan/ton, the theoretical production cost calculated using Chempricehub’s formula is 5,443.30 yuan/ton. With the current price of Changcheng Energy Chemical’s VAM in Jiangsu at 5,700 yuan/ton, the theoretical weekly gross margin stands at 156.70 yuan/ton.
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