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SunSirs: On March 28, the EVA Market Stabilized after Falling

March 29 2022 09:40:09     SunSirs (John)

Price trend

According to the data monitoring of SunSirs, the average price of the domestic EVA market was 21,033.33 RMB/ton on March 25, and the average price on March 28 was 21,033.33 RMB/ton. The single-day price remained stable, and an increase of 7.86% compared with March 1.

Analysis review

On the 28th, the domestic EVA market price stabilized after falling, and the price was weak. The petrochemical ex-factory price did not change much, and the price of the auction supply rose in a narrow range, which brought some support to the market, but the terminal demand was limited, the enthusiasm for downstream entry into the market was general, and the overall trading atmosphere of the market was not good.

Market outlook

It is expected that the EVA market price will be weak in the short term.

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