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Celanese again raises July VAM prices in Asia

July 14/2020

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

This time, the price increase is effective for orders shipped on or after 8 July, 2020, or as contracts otherwise allow, and is incremental to any previously announced increases.

Thus, July VAM prices rose by USD50/mt - for AOC.

As MRC reported earlier, Celanese last raised its VAM prices for this region on 1 July, 2020. The price increase was USD100/mt.

According to MRC's DataScope report, April EVA imports to Russia dropped by 5,85% year on year to 3,050 tonnes from 3,250 tonnes a year earlier, and overall imports of this grade of ethylene copolymer into the Russian Federation increased in January-April 2020 by 1,55% year on year to 12,540 tonnes (12,350 tonnes a year earlier).

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 2019 net sales of USD6.3 billion.
Author:Margaret Volkova
Tags:Asia, vinilacetat, EVA, copolymer, ethylene, Celanese, Rossiya.
Category:General News
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