The EVA market stopped falling and rose in September, led by good news

In September, the domestic EVA market price changed from a weak point to a significant increase. According to the data monitoring of the business community, the average ex factory price of domestic EVA was 19200.00 yuan/ton on September 1 and 20666.67 yuan/ton on September 27. The increase in September was 7.64%, down 20.92% compared with the same period last year.


In September, the domestic EVA market was dominated by price adjustment, with only a small decline at the end of the month (27), and the overall upward range was obvious, dominated by positive factors in the month. The EVA market entered the downward channel in late May, and the weakness continued until the end of August. As the price fell to a relatively low level, the downstream market entered on bargain hunting, and the market trading atmosphere improved. The ex factory price of petrochemical enterprises has been raised periodically, which has brought obvious support in terms of cost. In addition, the rising supply of auction goods also brings some support to the market. However, at present, the market demand for photovoltaic materials is relatively flat, while the market demand for foaming materials is general, and the lack of demand has brought some restraint to the rising market.


To sum up, at the end of September, the international crude oil was weak and the raw material side was negative. There is no obvious change in supply, but the demand needs to be improved. The downstream is cautious, and the market trading atmosphere is general. However, the falling space of EVA price is relatively limited at present, and the firm price of petrochemical enterprises provides some support. It is expected that in the short term, the price of domestic EVA market will mainly be adjusted in a narrow range, and the downstream demand needs to be concerned in the long term.