This week EVA market price narrow range shock, the market is mixed. This week, Beijing organic petrochemical and other parking maintenance, supply reduction, and domestic petrochemical once again raised the factory price, boosting the market. However, the demand of terminal enterprises is general, individual traders to facilitate the delivery of profits, solid deal price focus on negotiation.
[Cost] The production cost of EVA in different paths decreased this week. Among them, the EVA cost of crude oil route was 12,523 yuan/ton, which decreased by 5.91%. The EVA cost of methanol path was 13145 yuan/ton, decreasing 3.08% from the previous month. The price difference is 623 yuan/ton.
[Supply] The EVA industry started loading 83.26% this week, down 6.08 percentage points compared with the previous period. Among the EVA production enterprises in this period, Lianhong kettle device stopped for expansion on February 28, Beijing Organic stopped for maintenance for a week on March 15, Yanshan tubular device switched to high pressure production on March 15, and then planned to stop for medium repair. Quanzhou Petrochemical started production of 00628 on March 13, and other petrochemical devices were in normal production.
[Demand] The composite operating rate of EVA terminal industry was 47.85% this week, and the operating rate decreased by 0.66 percentage points. Due to “health emergencies”, enterprises in individual areas have stopped production, the operating rate has declined, and the demand is slightly flat.
Terminal enterprise purchase is still given priority to with just need.
Forecast for next week:
Next week, the supply of goods in EVA market will continue to maintain a normal and relatively tight situation. In addition, the high price of US dollar will also support EVA RMB market. However, the demand of terminal enterprises is weak, and the intention of EVA reserve is not high. The standoff between buyer and seller continues.
Post time: Mar-25-2022