Product
  • Product
  • Supplier
  • Inquiry

    EN

    Home > Chemial News > Echemi Analysis > Market Analysis - Monthly Report - May, 2020 - Vinyl acetate

    Market Analysis - Monthly Report - May, 2020 - Vinyl acetate

    Echemi 2020-06-05

    Overall market analysis

    In May, the domestic vinyl acetate market rose. Demand in the market is poor, and prices have increased slightly in North China due to high-speed recovery charges. Downstream just need to purchase. The price of raw material acetic acid maintained its upward trend and was supported by costs. In the middle of this month, the market demand was still not good, and the inquiry enthusiasm was not high. The price of the raw material ethylene has increased sharply, the prices of acetic acid and calcium carbide have been raised, and the cost pressure of vinyl acetate is greater. In the second half of this month, the price trend of raw material acetic acid was weak, and the cost pressure of vinyl acetate was still relatively large.

     

    图片1

     

    Forecast of the Future Market

    Influential

    Factors

    Main Point Overview

    Judgement

    Supply

     

    The supply of vinyl acetate in the domestic market is basically normal.

    Stable

     

    Logistic

    China's epidemic is basically over and transportation resumed

    Positive

     

    Demand

    Affected by the international epidemic situation, product demand has dropped significantly

    Negative

     

    The raw material

    acetic acid

    The price of acetic acid rose slightly, supporting the cost

    Stable

    Synthetic

    judgment

    Later product price volatility is small, more depends on global economic trends

     

     

    Conclusions

    In view of the market outlook, the downstream mainly purchases on demand, and the overall transaction situation is general. The holders are actively shipping. The price of raw material acetic acid is weak. The vinyl acetate market is expected to operate weakly and steadily.

    Share to:
    Disclaimer: Echemi reserves the right of final explanation and revision for all the information.

    Scan the QR Code to Share

    Suggestions
    Email:
    Message:
    Send Message