Asia’s VAM market may continue to languish amid ample supply

摘要

SINGAPORE (ICIS)--Asia’s vinyl acatete monmer (VAM) market may continue to languish despite firmer upstream ethylene input costs in May as the lack of supply shortage amid a weakened state of demand continued to negate suppliers’ price hike initiatives. Northeast Asia-based producers announced price hikes in their domestic and export offers in an attempt to pass on firmer ethylene input costs.