According to the data monitoring of business news agency, the average price of domestic EVA market was 18100.00 yuan / ton on July 1, and 18033.33 yuan / ton on July 21, with a decrease of 0.37% during the period, 8.31% lower than that on June 1. At present, the market demand is weak, the overall trend of EVA market is still weak, and the ex factory price and market quotation have been reduced to varying degrees.

As of July 21, EVA ex factory quotation is as follows:

product manufactor model Ex factory price

EVA yanshan petrochemical 18J3 17800 yuan / ton

EVA Beijing Organic Y2022 17900 yuan / ton

EVA Beijing Organic Y2045 17300 yuan / ton

EVA BASF Yangzi V5110J 18400 yuan / ton

In July, the EVA market did not continue the decline in June, but entered the consolidation stage after the decline. The factory price was mainly stable in the first half of the month, and it didn’t decrease in a narrow range until the 19th. At present, the offer is stable, and the overall market is still weak. At present, there is no new news guidance in the market. The downstream multi-dimensional firm holding needs to be supplemented. The market transaction atmosphere is general, and the overall transaction rhythm is slow, and there is no obvious improvement. Some brands have tight supply, which has some support, but the operators are more cautious and wait-and-see.

EVA production enterprise device dynamic:

product manufactor Capacity (10000 t / a) Device dynamics

EVA yanshan petrochemical twenty Normal production

EVA Beijing Organic four Normal production

EVA Ningbo Formosa Plastics seven point two Normal production

EVA BASF Yangzi twenty Shutdown for maintenance on July 5

In the international crude oil market, on July 21, the international oil price rose sharply. The settlement price of the main contract in the WTI crude oil futures market of the United States was US $70.32/barrel, up 3.12 US dollars or 4.64%. The settlement price of the main contract in the Brent crude oil futures market was US $72.23/barrel, up 2.88 US dollars or 4.20%. Although US commercial crude oil inventories increased for the first time in eight weeks, market risk index preference improved and oil prices rebounded sharply.

Ethylene market, the recent external ethylene market as a whole showed a rising trend. The price of ethylene in Asia rose. As of the 19th, CFR closed at US $1000-1010 / T in Northeast Asia and US $965-975 / T in Southeast Asia. The price of ethylene market in Europe fluctuated and consolidated. As of the 19th, FD in northwest Europe closed at US $1160-1170 / T, CIF in northwest Europe closed at US $1062-1072 / T. The price of ethylene in the United States is stable. As of the 19th, the price is 1152-1169 US dollars / ton. Recently, the external market of ethylene has risen slightly, while the price of ethylene in the United States has increased a lot in the early stage and is relatively stable in the near future. Generally speaking, the external market demand of ethylene is good, the buying atmosphere is active, the transaction is good, and the focus of ethylene market is moving up.

Overall, the current rebound in international crude oil and the rise in ethylene have brought some support to the market. However, the current downstream demand is weak, and there is no obvious improvement for the time being. The demand for photovoltaic is still on the wait-and-see. In terms of supply, the new production capacity has brought a certain impact, and the operators are more cautious. EVA prices are expected to continue weak consolidation in the short term.