AFPM '23: US acetic acid, VAM supply remains tight into Q2 despite bearish sentiment

摘要

HOUSTON (ICIS)--Supply of US acetic acid and vinyl acetate monomer (VAM) continues to drive market dynamics heading into this year's International Petrochemical Conference (IPC), with a series of earlier outages further stressing the balance in the region. Prices in the US have been falling since July 2022, but the winter storm in early Q1 prompted shutdowns and reduced rates in US Gulf production, stalling the price decline until March.