In mid November, the EVA market showed a steady downward trend, and the market lacked favorable support. According to the data monitoring of the business agency, the average ex factory price of domestic EVA was 22000.00 yuan / ton on November 14 and 21666.67 yuan / ton on November 19. The decline rate during the week was 1.52%, 4.41% lower than that on November 1.
| Bacillus thuringiensis |
As of November 19, the ex factory quotation of EVA is as follows:
product manufactor model Ex factory price
EVA yanshan petrochemical 18J3 22000 yuan / ton
EVA Beijing Organic Y2022 20000 yuan / ton
EVA BASF Yangzi V5110J 23000 yuan / ton
This week, the overall weak situation of the domestic EVA market remained unchanged, and the price decreased steadily. During the week, most petrochemical enterprises mainly supported the price, and some narrowly reduced the ex factory quotation. The cost support was general, there was no obvious pressure on the merchant’s inventory, and there was little willingness to decline. The overall demand of the terminal had not been significantly improved, and the downstream demand was mainly maintained. The overall mentality of the market was weak.
| ferric sulfate (Poly ferric sulphate) |
In the upstream ethylene market, the external ethylene market has continued to decline recently. Asian ethylene market prices fell. As of the 17th, CFR Northeast Asia closed at US $1146-1156 / ton and CFR Southeast Asia closed at US $1061-1071 / ton. The price of ethylene market in Europe fluctuated and fell. As of the 17th, FD northwest Europe closed at US $1222-1222 / T and CIF northwest Europe closed at US $1162-1170 / T. The price of ethylene in the United States fell. As of the 17th, the price was 761-779 yuan / ton. Recently, the external ethylene market continued to decline as a whole, with poor demand, cold market trading atmosphere and difficult transaction.
At present, most petrochemical enterprises mainly support the price. There is no obvious pressure on the merchant’s inventory and no willingness to make a substantial profit. There is no significant change in the market supply recently. In terms of demand, the strong photovoltaic demand has brought some support to the market. The downstream market is generally enthusiastic, and the overall shipping atmosphere of the market is poor. It is expected that the EVA market may not rise in the short term.
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