Price trend

At the beginning of March, the domestic EVA market was relatively strong, and some spot prices rose. According to the data monitoring of Business News Agency, as of March 3, the average ex-factory price of domestic EVA was 16166.67 yuan/ton, which was the same as that of last week.

The domestic EVA market was generally strong in early March. On the supply side, the current industry load is generally above 78, down by nearly 2% from the previous period. The market supply level is normal, the inventory pressure of petrochemical enterprises is low, the factory price is generally strong, and the supply side has some support for the spot price. At the demand end, the delivery and delivery of photovoltaic materials are in good condition. The demand for foam shoe materials and other models in the previous week is relatively lagging, and is also slowly improving. The mentality of merchants was strengthened and the offer was firm. With the release of EVA downstream enterprises, the on-site trading is expected to strengthen.

Overall, the supply side of the EVA market was at a moderate level at the beginning of March, and the downstream demand gradually improved. On the whole, the manufacturer’s pricing supports the spot goods, and the merchants sell the goods at a high price at the beginning of the month. Although the inventory in the midstream has increased, it is expected that the domestic EVA market will be driven by the demand side dominated by photovoltaic materials in the short term and tend to be more intensive.