EVA prices are currently holding steady. Indicators suggest a fluctuating trend; while the price is near the low end of its one-year range—limiting the potential for a short-term decline—it is also constrained by highs seen over the past 60 days, which limits upside potential. Market participants should continue to monitor upstream and downstream demand as well as actual trading activity.
On August 11, the EVA market in Shanghai saw little overall change, with downstream buyers making inquiries based on immediate needs and the market undergoing minor consolidation; mainstream quotes for Ningbo Formosa Plastics 7470M ranged from 9,950 to 10,150 RMB/ton, while Sierbang V6020M was quoted at 10,200 to 10,350 RMB/ton. In the Beijing region, the EVA market consolidated at a high level; downstream inquiries were primarily for small orders and trading was sluggish, with mainstream quotes for Sierbang V6020M ranging from 9,700 to 9,900 RMB/ton.
SunSirs has been continuously tracking price data for over 200 commodities for nearly 20 years, please contact support@sunsirs.com for subscription.