Price data
[Price Review] EVA prices rose before stabilizing this week. At the beginning of the week, petrochemical enterprises PV grade EVA prices continue to rise, coupled with the bidding premium transaction, traders optimistic attitude, Fujian merchants offer rapidly increased 500-1000 yuan/ton, east and South China with slow growth. Beginning in the middle of the week, with the auction atmosphere falling, the market divergence gradually emerged. Terminal enterprises are more cautious to wait and see, just need to inquire, some traders make real offer to promote the exchange.
[Cost] From the cost side, the production cost of different paths EVA fluctuates, the average cost of oil production path EVA is 10493 yuan/ton, down 0.38% from the previous month. The production cost of methanol path EVA rose by 1.87% to 10,790 yuan/ton.
[Supply side] The EVA industry started load this week 84.05 percent, down 1.5 percentage points from the previous period.
[Demand] This week, the compound operating rate of EVA terminal industry was 58.69%, up 1.54 percentage points from last week.
Forecast for next week:
Next week EVA market price or narrow finish mainly, on the one hand device maintenance or conversion to photovoltaic, petrochemical supply pressure is not big, there is support price. The price of imported goods is also high, and the traders’ covering cost is high, so the intention is insufficient. On the other hand, in addition to photovoltaic, the rest of the demand flat, price upward resistance, and a large number of early trade links in the price of the existence of a suppression. Under the long and short interweave, EVA price or is expected to maintain the shock situation, the initial estimate of the next EVA hard material price or 16500-17000 yuan/ton.
Post time: Mar-10-2023