EVA market prices continue to rise this week, the deal is fair. At the beginning of the week, domestic enterprises continued to increase the factory price, coupled with Quan Zhou, Yu Neng be auctioned better, boosting the market. Traders actively raise the offer, but terminal more cautious, just need to cover the main position. From midweek, the focus of the industry returned to the fundamentals of supply and demand, the market offer returned to rationality, and the market price turned from rising to flat.
The composite operating rate of EVA terminal industry was 44.83% this week, compared with last week. This week, the production of EVA terminal industry improved slightly, and the production orders of major scale enterprises increased. Among the sample enterprises, there is a large gap in the current construction of various industries. The construction of large-scale enterprises is generally more than 60%, while the construction of small factories is relatively low, mostly in 30% to 40%. The inventory gap of enterprises is also large, and the inventory of small factories remains relatively low. Recently, with the price of EVA resin raw materials stopped falling and rebounded, the enthusiasm of small factories for stocking has increased. Pay close attention to the impact of terminal order follow-up on demand.
It is expected that the EVA market will continue its high consolidation trend next week. The increase in overhaul of EVA devices and the change in demand will support the EVA market price. However, attention should be paid to the risks brought by the release of new production capacity and the arrival of low-cost imported goods in Hong Kong in the early stage. Under the long and short interweaving, it is expected that the EVA market may continue to consolidate, and VA18 content foaming supply may fluctuate at 21,500-22,000 yuan/ton.
Post time: Sep-14-2022