Tight supply, EVA market price increased significantly this week

According to the data monitoring of the business agency, the average price of EVA in the domestic market was 17966.67 yuan / ton on August 15 and 18466.67 yuan / ton on August 20, with an increase of 2.78% during the week and 3.55% compared with August 1. This week, the price continued to rise due to the favorable situation of less goods in the market.

Sodium Molybdate

As of August 20, the ex factory quotation of EVA is as follows:

product manufactor model Ex factory price

EVA yanshan petrochemical 18J3 18500 yuan / ton

EVA Beijing Organic Y2022 17600 yuan / ton

EVA Beijing Organic Y2045 17000 yuan / ton

EVA BASF Yangzi V5110J 19300 yuan / ton

At present, the spot is still tight and has not improved. The market is obviously favorable. This week, the EVA market continues to rise, the upstream petrochemical enterprises continue to raise the ex factory price, the cost support is obvious, there are few sources of goods for auction, and the auction price continues to rise. At present, the price of soft materials is around 21500-22500 yuan / ton, and that of hard materials is around 19300-20500 yuan / ton.

In the ethylene market, the external ethylene market has shown an overall downward trend recently. The price of ethylene in Asia remained stable. As of the 19th, CFR Northeast Asia closed at US $926-936 / ton and CFR Southeast Asia closed at US $961-971 / ton. The price of ethylene in the European market fell sharply. As of the 19th, FD northwest Europe closed at US $1297-1305 / T and CIF northwest Europe closed at US $1167-1175 / T. The price of ethylene in the United States fell violently. As of the 19th, the price was US $835-853 / T. recently, the overall external ethylene market showed a downward trend, and the recent decline of ethylene in Europe was large, with a single day decline of more than US $70 / T. Generally speaking, the overall external market demand for ethylene is poor recently, the market trading atmosphere is poor, the transaction situation is not ideal, and the ethylene market continues to decline.

At present, with the support of tight goods, EVA prices are further higher, and the downstream just needs to purchase, with good enthusiasm. However, as the price rises to a relatively high level, the follow-up rising space is limited. It is expected that the EVA market will be mainly consolidated in the later stage or at a high level.


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