【Price Review】This week, the EVA market price fluctuated higher and the transaction was flat. The production focus of EVA enterprises has turned to photovoltaics, and the supply is tight. Coupled with the high price of the US dollar, the domestic ex-factory price continued to rise, and traders were cautious about making offers. The demand of terminal enterprises is general, and they just need to enter the market, and the market transaction atmosphere is flat.
[Cost] The production cost of EVA in different paths has decreased this week. Among them, the EVA cost of crude oil route was 12,909 yuan/ton, a decrease of 1.09% from the previous month. The EVA cost of methanol route was 12,890 yuan/ton, down 2.51% from the previous month. both price
The difference is 19 yuan / ton.
[Supply] The EVA industry’s operating load this week was 95.89%, up 3.95 percentage points from the previous issue. Among the EVA production enterprises in this issue, Yangzi Petrochemical officially switched to the start-up preparation mode after a 37-day overhaul on April 24. It is planned to open in early May.
car. Other petrochemical plants are operating normally.
[Demand] The composite operating rate of the EVA terminal industry this week was 49.27%, down 0.61 percentage points from last week. The demand for shoe materials, hot melt adhesives and other industries gradually weakened, and the start of business continued to decline. The price of EVA is high, the profits of terminal enterprises are compressed, the inventory remains low, and the need to fill up positions is mainly.
Prediction for next week:
From the perspective of next week, the EVA market is intertwined with long and short positions, and the demand for foaming and hot melt adhesives is weak. However, the demand for photovoltaics has gradually started, and some enterprises have switched to photovoltaic production, and the tight supply situation will continue. In addition, the high and volatile crude oil price, coupled with the high US dollar price, will form support for the cost of EVA. On the whole, the EVA market is favorable and dominant, and some scarce supplies still have room for growth after the holiday.
Post time: May-05-2022