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Article: Market trend of vinyl acetate in 2002. (Market Report: Analysis).
- Article from:
- China Chemical Reporter
- Article date:
- March 16, 2003
- Author:
CopyrightCOPYRIGHT 2003 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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Although faced with many uncertain factors and great market pressures in internal and external macro economic environments, the vinyl acetate sector in China showed an undulating rise in 2002. The price of vinyl acetate in 2001 dropped all the way from RMB8 700 per ton in January to RMB6 800 per ton at the end of the year. (See CCR2002, No. 2, page 13) The price difference in 2002 was RMB1 300 - 1 500 per ton with a rise margin of 26 - 27%. The market performance was therefore satisfactory.
Based on the price change in the whole year, the vinyl acetate sector can be classified into 5 stages.
First stage: The price of vinyl acetate was at a low throughout ...