Recently (3.12-3.18), the domestic EVA market has been on the rise. According to the Commodity Market Analysis System of SunSirs, as of March 18th, the benchmark price of EVA in China was 11,466 RMB/ton, an increase of 0.29% from 11,433 RMB/ton on March 12th. The price of EVA raw materials and ethylene prices continue to decline slightly, and the cost support weakens slightly; The downstream photovoltaic and foam industries urgently need support, and the overall production of EVA has slightly increased. The listing prices of some varieties of EVA continue to rise, and the EVA market offers have slightly followed suit.

Recently (3.12-3.18), the construction of EVA equipment in China has slightly increased to around 8.7%. The prices of raw materials ethylene and vinyl acetate remained stable with a slight decrease, while the cost support for EVA weakened. As of March 18th, the ethylene price in the East China market remained stable at around 7,300 RMB/ton, a decrease of 200 RMB/ton compared to the previous period; The price of vinyl acetate has risen to around 6,050 RMB/ton and is basically stable.

On the demand side, the downstream photovoltaic industry mainly relies on essential needs, with foam and other terminals purchasing on demand, which is somewhat resistant to high priced sources of goods, and the market transaction atmosphere is somewhat stagnant.

The future forecast shows that overall, the high prices of raw materials will slightly decline, which will weaken the support for the EVA market. The increase in EVA production, coupled with downstream resistance to high priced goods, is expected to lead to a slight decline in EVA spot prices at high levels in the later period.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.