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SunSirs: China EVA Market Stabilized after Falling
December 19 2022 13:23:48SunSirs(Selena)

Recently, the weak trend of domestic EVA market continued, and the price continued to fall. According to the data monitoring of SunSirs, the average ex factory price of domestic EVA was 13,633.33 RMB/ton on December 16, up and down by -16.70% compared with the price level at the beginning of the month.

The domestic EVA market has taken on the fast falling market in the early stage. On the supply side, the factory price of petrochemical enterprises decreased slightly this week, and the overall industrial load was more than 80%. At present, the supply of goods is abundant, the market competition is fierce, and the supply side's support for factory price is relatively general; In terms of demand, the stock of photovoltaic materials has been limited, and the demand for foaming materials has been stimulated by the price reduction and entered the market, and the consumption has rebounded. Some downstream areas have goods preparation operations, and the market trading volume has increased. At present, merchants are still cautious. Due to the improvement of market momentum, individual offers rose in a narrow range, accompanied by reluctance to sell in operation.

On the whole, the EVA market was well supplied this week, but after a sharp decline, some downstream demand was stimulated to enter the market. On the whole, downstream enterprises are still cautious, and it is expected that China domestic EVA market will stop falling and enter the consolidation market in the short term.

 

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