In October 2020, the domestic supply of EVA was 79,700 tons, up 19.5% year on year and 30.99% month on month, and the industry’s starting load was 88.16%.
In terms of devices, there was no stopping maintenance of EVA device this month. In terms of switching devices, Yanshan EVA output increased significantly in October, and EVA was produced within 20 days.
Figure 2 From the perspective of EVA product structure in October, the output of VA14-19 products increased by a large amount of 5%, while the proportion of other grade goods sources decreased.
Among them, the proportion of hot melt adhesive decreased most obviously, from 10% in September to 7%.The proportion of cable and photovoltaic material decreased by 1 percentage point.From the perspective of specific output data, due to the substantial increase in EVA output in October, except for hot-melt adhesive grade EVA, the output of other products all increased compared with last month.When EVA profit is high, enterprise maintenance is reduced, and a small number of enterprises planning maintenance are also delayed.In November, Lianhong still has the maintenance plan. However, considering the current price difference between LDPE and EVA, EVA output of the switching device is expected to increase.
Overall, EVA production is expected to remain high in November.In October, due to the shortage of EVA imports and the strong demand for downstream pv, the contradiction between supply and demand is prominent in the market, and the price once appeared irrational rise.In November, it is expected that with the incremental supply of the supply side, the contradiction between supply and demand in the market may be alleviated, and the increase in the market is also expected to narrow.
Post time: Nov-26-2020