Weak cost support, weak EVA price

According to the data monitoring of business news agency, the average price of domestic EVA market was 20466.67 yuan / ton on May 23 and 20466.67 yuan / ton on May 24. During the period, the price was flat, up 2.58% compared with March 30. Although the quotation of EVA manufacturers has not changed, the market price is mainly weak and has been declining one after another.

Azodicarbonamide (AC foaming Agent)

As of May 24, EVA ex factory quotation is as follows:

product manufactor model Ex factory price

EVA yanshan petrochemical 18J3 20000 yuan / ton

EVA Beijing Organic Y2022 21500 yuan / ton

EVA Beijing Organic Y2045 21500 yuan / ton

EVA BASF Yangzi V5110J 19900 yuan / ton

Recently, EVA petrochemical enterprises continue to support the market steadily, but the market offer has declined, ranging from 100-300 yuan / ton. The weak trend of raw material market has brought bad news to the market. The attitude of the operators is cautious, and the downstream multi-dimensional companies are just in need of purchasing, and the enthusiasm for entering the market is relatively general. The overall transaction atmosphere of the market is flat, and the transaction is mainly discussed.

EVA production enterprise device dynamic:

product manufactor Production capacity (10000 tons / year) Device dynamics

EVA yanshan petrochemical twenty On May 16, the company started production of high pressure diesel engine

EVA Beijing Organic four Production started on May 16

EVA Ningbo Formosa Plastics seven point two Now I’m driving

EVA BASF Yangzi twenty Normal production

International crude oil market: on May 24, the international oil price jumped sharply and rose strongly for two consecutive days. The settlement price of the main contract in the U.S. WTI crude oil futures market was $66.05/barrel, up $2.47 or 3.9%. The settlement price of the main contract in Brent crude oil futures market was US $68.46/barrel, up US $2.02 or 3.0%. Due to the continuous vaccination, which further promoted the growth of global demand, the optimistic expectation of fuel demand overshadowed the potential risk factors of Iran’s crude oil production returning to the international market.

Acetic acid Market: Recently, the domestic acetic acid market is weak. At present, the starting of acetic acid plants is normal, the inventory of manufacturers is increasing, the supply of acetic acid in the market is sufficient, the downstream traders just need to buy rationally, the purchase is limited, the market transaction is weak and stable, the short-term market supply and demand is dominated by the downstream, and the market sentiment is mainly bearish.

At present, the trend of raw materials is weak, the attitude of the industry is cautious, the overall transaction atmosphere of the market is flat, most of the offers have price but no market, and the supply and demand are uncertain. It is expected that the price of EVA market will be mainly adjusted in a narrow range in the short term.

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