[EVA Daily Review] High Position Consolidation, Some Grades Slightly Rise

Market Overview

Today, the EVA market price is consolidating at a high level, with prices for some grades slightly rising. Baofeng's ex-factory price continues to increase, effectively boosting market confidence. Traders' replenishment of empty orders provides some support for demand. However, downstream enterprises show lukewarm demand, and high-priced supplies face significant resistance in transactions.

South China Market: Today's mainstream transaction price range for EVA in the South China region is 9,300-9,750 yuan/ton, with some brand prices rising compared to the previous trading day. Traders are holding firm on prices, and spot inventory is at a low level, which has boosted demand for short positions to cover. End-user companies are mostly taking a wait-and-see approach, focusing on just-in-time procurement, and actual transaction prices need to be negotiated on a case-by-case basis.

East China Market: Today, the mainstream transaction price range for EVA in the East China region is 9,400-9,800 yuan/ton, with prices for some grades rising by 100-200 yuan/ton compared to the previous trading day. The spot inventory is relatively low, and some traders are holding back on sales, waiting for prices to rise; downstream enterprises are cautiously observing the market, with only essential purchases being made, and actual transaction prices are mainly determined through negotiations.

2. Market Forecast

The EVA market price is expected to remain in a stalemate and consolidation phase in the near term.