In October, the rising trend of EVA market did not continue, ushered in the callback market, and the overall trend was stable, medium and downward. According to the data monitoring of the business agency, the average ex factory price of domestic EVA was 27533.33 yuan / ton on October 1 and 24200.00 yuan / ton on October 28. The decline rate in the month was 12.11%, up 22.02% compared with October 1.

As of October 28, the ex factory quotation of EVA is as follows:

product manufactor model Ex factory price

EVA yanshan petrochemical 18J3 25500 yuan / ton

EVA Beijing Organic Y2022 22000 yuan / ton

EVA BASF Yangzi V5110J 25100 yuan / ton

In October, the domestic EVA market stabilized first and then fell. In the first half of the month, the market was relatively strong, dominated by sideways price consolidation, dominated by negative factors in the second half of the month, and ushered in a falling market. However, on the whole, the fluctuation range of the market in the month was limited. In the first half of the month, although the market continued to rise and the power was insufficient, the strong prices of petrochemical enterprises and the high cost brought some support to the market. In addition, the good demand for photovoltaic materials also brought support to the market. However, in the second half of the month, the market is very bad. Petrochemical enterprises have successively reduced the ex factory price, with weak cost support. Under the power restriction policy, the operating rate of downstream factories has declined, and the market supply has not changed much. The transaction atmosphere in the mainstream market is general, multidimensional sustainability needs to be followed up, and the operators are cautious. Businesses have different mentality, mainly wait-and-see, and EVA prices fall.

In the upstream ethylene market, the external ethylene market showed an overall upward trend in October. Asian ethylene market prices continued to rise. As of the 26th, CFR Northeast Asia closed at US $1196-1206 / ton and CFR Southeast Asia closed at US $1111-1121 / ton. European ethylene market prices rose slightly. As of the 26th, FD northwest Europe closed at US $1252-1264 / T and CIF northwest Europe closed at US $1170-1178 / T. The price of ethylene in the United States rose. As of the 26th, the price was 790-807 yuan / ton. Throughout October, the overall demand of the external ethylene market was good, the market trading atmosphere was active, and the market continued to rise.

On the whole, the current competitive supply price is relatively strong, which has brought some support to the market, and in terms of demand, the demand for photovoltaic materials can still bring some benefits to the market. However, the market supply has not changed much, the inventory of hard material sources has increased gradually, the operating rate of downstream manufacturers has declined due to the impact of relevant policies, the maintenance just needs to be followed up, the operators are cautious and have a strong wait-and-see mood, and the overall transaction atmosphere of the market is deadlocked. At present, the market lacks obvious benefits. It is expected that the EVA market will rise in November or continue to weaken.