In August, the domestic EVA market as a whole continued to be weak, and the focus continued to move downward. According to the data monitoring of business agency, the average ex factory price of domestic EVA was 20,466.67 RMB/ ton on August 1 and 18,866.67 RMB/ ton on August 31, with a decrease of 7.82% in the month and 3.74% compared with the same period last year.

In August, the domestic EVA market showed a phased decline, and the overall focus shifted significantly downward. In the first half of the month, petrochemical enterprises took the lead in lowering factory prices, which was a negative market mentality. The market supply is relatively sufficient, but the demand continues to be sluggish, the enthusiasm of downstream market entry is limited, and the market trading atmosphere is light. Although the inventory of traders is not high, they are not in a good mood, and some of them follow the decline. In the second half of the month, the market lacked favorable support, and the decline was difficult to change. The ex factory quotation of petrochemical enterprises continued to decline, and the market demand was not significantly improved. The downstream was mostly replenished according to demand, and just needed to follow up. In terms of costs, the international crude oil market in August was dominated by shocks, which brought insufficient support to the market. The mentality of the merchants is general, and the prices follow the weakness.

At present, the support brought by the cost is limited, and the factory quotations of petrochemical enterprises mostly stabilized at the end of the month. The consumption of market goods is slow, the improvement of terminal demand is limited, the downstream is mostly maintained to supplement on demand, and the market trading atmosphere is general. However, September is about to usher in the traditional peak season. It is expected that the weakness of China domestic EVA market will change, and the price may be adjusted.

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