Chempricehub Report, September 30:
Ethylene Process Vinyl Acetate (VAM)
Raw material costs for the ethylene process in Jiangsu Province averaged 4,625 yuan/ton for glacial acetic acid. The weekly average price of ethylene in Northeast Asia was $1,167/ton. Based on Chempricehub’s cost estimation formula, the theoretical production cost for ethylene-process VAM this week is 7,938.19 yuan/ton. Currently, the weekly average market price for ethylene-process VAM in East China (Shanghai Petrochemical ex-factory) stands at 7,900 yuan/ton, resulting in a weekly average theoretical gross margin of -38.2 yuan/ton.
Carbide Process Vinyl Acetate (VAM)
Scenario 1:
Raw material costs for the carbide process include an average weekly price of 4,693 yuan/ton for glacial acetic acid in North China and 2,700 yuan/ton for calcium carbide in Northwest China. According to Chempricehub’s cost estimation formula, the theoretical production cost for carbide-process VAM this week is 7,193.33 yuan/ton. The current market price for Changcheng Energy Chemical’s VAM in Jiangsu Province is 7,850 yuan/ton, yielding a weekly average theoretical gross margin of 656.7 yuan/ton.
Scenario 2:
Alternatively, based on raw material averages of 2,559 yuan/ton for glacial acetic acid in North China and 2,550 yuan/ton for calcium carbide in Northwest China, the calculated theoretical production cost for carbide-process VAM is 5,443.30 yuan/ton. With Changcheng Energy Chemical’s VAM priced at 5,700 yuan/ton in Jiangsu Province, the weekly average theoretical gross margin is 156.70 yuan/ton.
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