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Article: Why the price of vinyl acetate drops and drops? (Market Report).
- Article from:
- China Chemical Reporter
- Article date:
- January 16, 2002
CopyrightCOPYRIGHT 2002 China National Chemical Information Center. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The price of vinyl acetate in the domestic market dropped again at the beginning of 2001 after a drastic rise at the end of 2000. The reason for the price drop was the reduced demand and one of the reasons, in turn, for the demand reduction was the weather. The adhesive production is a major application market of vinyl acetate. The cold weather in winter restricted the application fields of adhesives and the problem was more prominent in the north of China. Another reason was the coming the Spring Festival that slowed down or suspended the production in downstream sectors and reduced the consumption of vinyl acetate. The average price of vinyl acetate in the domestic ...