Polymers Of Vinyl Acetate, In Aqueous Dispersion, In Primary Forms Prices in China

China Polymers Of Vinyl Acetate, In Aqueous Dispersion, In Primary Forms Import Price in September 2022

In September 2022, the polymers of vinyl acetate, in aqueous dispersion, in primary forms price stood at $1,614 per ton (CIF, China), rising by 2.8% against the previous month. Over the last eight months, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in March 2022 an increase of 7.5% against the previous month. Over the period under review, average import prices attained the maximum at $1,639 per ton in June 2022; afterwards, it flattened through to September 2022.

There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was the United States ($3,051 per ton), while the price for Taiwan (Chinese) ($1,262 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

China Polymers Of Vinyl Acetate, In Aqueous Dispersion, In Primary Forms Imports

After three months of growth, overseas purchases of polymers of vinyl acetate, in aqueous dispersion, in primary forms decreased by -35.4% to 3.1K tons in September 2022. Over the period under review, imports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in March 2022 with an increase of 36% against the previous month. Over the period under review, imports of hit record highs at 7.4K tons in April 2022; however, from May 2022 to September 2022, imports stood at a somewhat lower figure.

In value terms, imports of polymers of vinyl acetate, in aqueous dispersion, in primary forms fell notably to $5M (IndexBox estimates) in September 2022. In general, imports showed a drastic downturn. The growth pace was the most rapid in March 2022 when imports increased by 46% against the previous month. Imports peaked at 11K tons in April 2022; however, from May 2022 to September 2022, imports stood at a somewhat lower figure.

China Polymers Of Vinyl Acetate, In Aqueous Dispersion, In Primary Forms Imports by Country

In September 2022, Singapore (1.8K tons) constituted the largest polymers of vinyl acetate, in aqueous dispersion, in primary forms supplier to China, accounting for a 59% share of total imports. Moreover, imports of polymers of vinyl acetate, in aqueous dispersion, in primary forms from Singapore exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (587 tons), threefold. The third position in this ranking was taken by South Korea (332 tons), with an 11% share.

From January 2022 to September 2022, the average monthly growth rate of volume from Singapore amounted to -3.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: Taiwan (Chinese) (-16.8% per month) and South Korea (-6.1% per month).

In value terms, Singapore ($2.9M) constituted the largest supplier of polymers of vinyl acetate, in aqueous dispersion, in primary forms to China, comprising 57% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($741K), with a 15% share of total imports. It was followed by South Korea, with a 12% share.

From January 2022 to September 2022, the average monthly growth rate of value from Singapore was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Taiwan (Chinese) (-18.8% per month) and South Korea (-3.0% per month).