Imported VAM in Kandla

VAM prices in India have fallen due to weak demand and increased inventories. Sluggish activity during October's festive season further strained market sentiment. However, demand is likely to rebound by mid-November, supported by the paints and coatings sector's seasonal boost. Current Price Dynamics of Vinyl Acetate Monomer (VAM)

In the domestic market, VAM prices have witnessed a ₹2/kg increase, now quoted at ₹68/kg ex-Kandla for direct consumers on 60-day payment terms. Importers offer slightly higher rates to traders at ₹68.50/kg ex-Kandla under similar 60-day credit conditions.

In the domestic market, VAM prices have recently decreased by ₹1/kg, now standing at ₹64/kg ex-Kandla for direct consumers with 30-day payment terms. Importers are offering to traders at a slightly higher rate of ₹65/kg ex-Kandla on 30-day credit terms. Bulk deals in the range of ₹62.50-63.00/kg ex-Kandla on 30-day LC terms, coupled with 30 days of storage, have been reported on an MOQ basis.

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