SunSirs: Weak Cost Support, China EVA Price was Weak
May 27 2021 15:26:09 SunSirs (Selena)
According to the data monitoring of SunSirs, the average price of domestic EVA market was 20,466.67 RMB/ ton on May 23 and 20,466.67 RMB/ ton on May 24. During the period, the price was flat, up 2.58% compared with March 30. Although the quotation of EVA manufacturers has not changed, the market price is mainly weak and has been declining one after another.
Recently, EVA petrochemical enterprises continue to support the market steadily, but the market offer has declined, ranging from 100-300 RMB/ ton. The weak trend of raw material market has brought bad news to the market. The attitude of the operators is cautious, and the downstream multi-dimensional companies are just in need of purchasing, and the enthusiasm for entering the market is relatively general. The overall transaction atmosphere of the market is flat, and the transaction is mainly discussed. The supply and demand are not clear for the time being. It is expected that EVA market price will be mainly adjusted in a narrow range in the short term in China.
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