EVA market price shock this week, trading atmosphere flat. This week, the domestic petrochemical factory raised the ex-factory price again, and the petrochemical plant produces more photovoltaic materials, the output of ordinary brand EVA decreased significantly, and the inventory of ordinary brand petrochemical is low. Traders with the early supply sales, inventory is tight, and traders are optimistic about the future market, firm offer, but the demand of terminal enterprises is not fully released, downstream factories accept the high price of goods is limited, the market transaction atmosphere is dull.
[Cost] The production cost of EVA in different paths increased slightly this week. The EVA cost of crude oil route was 11980 yuan/ton, which increased by 1.17%. The EVA cost of methanol route was 12509 yuan/ton, up 1.43% from the previous month. The price difference is 530 yuan/ton.
[Supply] The EVA industry started loading 82.85% this week, 17.15 percentage points lower than the previous period. This period of EVA production enterprises, Yangzi BASF stopped the night of 23 clear low scores. Yu Can chemical 17 parking cleaning, 21 evening drive pv material V2825Y. Other petrochemical units are in normal production, no stop for maintenance.
[Demand] The composite operating rate of EVA terminal industry was 44.63% this week, which increased by 1.12 percentage points from the previous month. The production of terminal enterprises resumed one after another, but the EVA price was high, and some enterprises had stocking up before the holiday, so the stocking up enthusiasm was not high. Large-scale enterprises to maintain normal production, orders relatively stable.
Forecast for next week:
Next week, EVA prices or narrow finishing. In the short term, due to the slow transmission of terminal cost, enterprises show resistance to high-priced goods, which will restrict the growth of EVA market. Partial trader is return cage capital, or real dish let benefit clinch a deal. However, under the circumstance of high US dollar price and insufficient supply of goods in the market, the adjustment range of EVA price is expected to be limited.
Post time: Mar-03-2022