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

I. Overall marketanalysis

 In October, the domestic vinyl acetate market was raised at the beginning of the month and has remained stable since then. Mainstream companies are rising, but due to the strong holiday atmosphere, the overall market transactions are average; after the holidays, due to the fact that mainstream companies have less volume and the market spot resources are tight, the overall market transaction prices have risen within a narrow range,and the intermediate traders have moved smoothly and basically completed the sales plan. Therefore, most traders are reluctant to sell, and low-priced resources are hard to find in the market. Most transactions are based on high-priced resources. In the second half of this month, the overall market has weakened. Although there are still not many spot resources in the market, the market just needs to talk and the transaction atmosphere is biased. List, the wait and see mood is obvious.

Ⅱ.Conclusions

Recently, the price trend of raw material ethylene is weak, the price of acetic acid is strong, the profit of the ethylene method is still acceptable, but the profit of the calcium carbide method is still in a state of loss, the market wait andsee sentiment is obvious, the heating season is coming, but the market spot resources are still tight. It is expected that vinyl acetate next month. The market may be volatile.