VAM Prices In India | |
In a startling turn of events, Vinyl Acetate Monomer (VAM) prices in imported repackaging have witnessed a sharp incline in Mumbai, soaring from Rs 88/kg to Rs 93/kg. The chemical market, known for its volatility, has experienced fluctuations recently, reflecting the industry's dynamic nature. Analysts attribute the previous pricing at Rs 88/kg to factors such as supply chain disruptions, altering production costs, and global market shifts. The recent spike to Rs 93/kg is believed to be driven by increased demand, potential supply constraints, and changing raw material costs. Vinyl Acetate Monomer, a pivotal ingredient in adhesives, paints, coatings, and textiles, plays a vital role across various industries, contributing to its market significance. The chemical's versatility and applications make it sensitive to market dynamics, influencing its pricing structure Looking forward, the future trajectory of Vinyl Acetate Monomer prices hinges on factors like shifts in feedstock costs, technological advancements in production, and broader economic conditions. Vigilant monitoring of these market dynamics will be imperative for businesses navigating the complex landscape of chemical pricing Vinyl Acetate Monomer prices are commonly benchmarked against ethylene and acetic acid prices, which are key raw materials in its production. Additionally, industry indices such as the Global Petrochemical Index are monitored to assess overall market trends impacting VAM prices. | |
Target State: All States Target City : All Cities Last Update : 15 February 2024 10:41 PM Number of Views: 73 | Item Owner : indianpetrochem Contact Email: (None) Contact Phone: (None) |
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