Hamburg (Germany): There&#xx;s a global shortage of vinyl acetate monomer (VAM), a key material in many industries. According to FEICA (Fédération Européenne des Industries de Colles et Adhésifs), demand currently outstrips supply by about x million tons, causing a significant price hike by chemical companies. US, being the major supplier of VAM, continues to tighten the market as suppliers continue to argue that severe oversupply persists, though price movements reflect otherwise.
This shortage stems from production facility closures across Europe, the US, and Asia due to maintenance, malfunctions, or accidents. Europe alone faces a shortfall of roughly xxx,xxx tonnes. With demand exceeding availability, VAM producers have reported plant issues and implemented sales controls. European VAM prices reported by ChemAnalyst for German deliveries for US as well as European suppliers were assessed around USD xxxx/MT FD basis.
Market intelligence suggests that deliveries from Antwerp...
