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Celanese raises January VAM prices in Asia

January 23/2020

MOSCOW (MRC) -- Celanese Corporation, a global specialty materials company, has increased January list and off-list selling prices for Vinyl Acetate Monomer (VAM) sold in Asia outside China (AOC), as per the company's press release.

The price increase was effective for orders shipped on or after 17 January, 2020, or as contracts otherwise allow, and is incremental to any previously announced increases.

Thus, January VAM prices rose by USD100/mt - for AOC.

As MRC reported earlier, Celanese also raised its January VAM prices in Europe, Middle East and Africa by EUR100/mt.

According to MRC's DataScope report, November EVA imports to Russia dropped by 8,9% year on year to 3,440 tonnes from 3,780 tonnes in November 2018, and overall imports of this grade of ethylene copolymer into the Russian Federation decreased in January-November 2019 by 18,9% year on year to 35,95 tonnes (44,330 tonnes in the first eleven months of 2018).

Celanese Corporation is a global technology leader in the production of differentiated chemistry solutions and specialty materials used in most major industries and consumer applications. Based in Dallas, Celanese employs approximately 7,700 employees worldwide and had 2018 net sales of USD7.2 billion.
Author:Margaret Volkova
Tags:Asia, Africa, Near East, Europe, vinilacetat, EVA, copolymer, ethylene, Celanese, Russia.
Category:General News
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