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[EVA Daily Review] Market Continues Weak Downtrend, Trading Difficult

Longzhong 2025-10-14 17:28:52

1 Today's Summary

This week, the ex-factory price of EVA petrochemicals has been steadily adjusted downwards.

This week's EVA petrochemical plants: Gulei Petrochemical will start a shutdown for maintenance this afternoon, expected to last for 5 days. Other facilities, except for Yanshan Petrochemical, which has been shut down for a long time, are operating stably. Hanwha-GS Energy in Korea has an annual capacity of 300,000 tons.September 25thDevice put into production.

Today, the domestic EVA market continues to be weak, and amid the downward trend, downstream factories are primarily focusing on digesting inventory.Foam FactoryThe new orders are relatively weak.The purchasing intention of rigid demand is weak, the pressure on holders to sell increases, transactions are indeed difficult, and the focus of actual negotiations continues to decline. Mainstream prices: Soft material reference 10,600-11,100 yuan/ton, hard material reference 10,600-11,200 yuan/ton. 。

Figure 1 Domestic EVA Price Trend Chart (yuan/ton)	Figure 2 Domestic EVA Price Trend by Type (Yuan/Ton)

Data source: Longzhong Information	Data source: Longzhong Information

3 Production Dynamics

Domestic EVA petrochemical units: Sinochem Quanzhou produces V3312; Jiangsu Serbond's tubular unit produces photovoltaic, and the kettle unit produces UE3315; Jiangsu Hongjing PV1 line produces photovoltaic, PV2 line.Photovoltaic V2825 productionPV3 line produced 6020M; Ningxia Baofeng produced photovoltaic 2825; Yan Chang Yulin produced V2825Y; Tianli High-tech produced photovoltaic; Zhejiang Petrochemical produced photovoltaic; Gulei Petrochemical underwent maintenance shutdown on the afternoon of October 13.All three EVA units at Yanshan have been shut down.In addition, the price of soft materials in the South China market is 10,650-11,200 yuan/ton, and the gross profit margin in the domestic EVA industry is around 2,100 yuan/ton.

Figure 3: Trend Chart of Domestic EVA Capacity Utilization Rate	Figure 4 Domestic EVA Profit and Price Comparison Chart (Yuan/Ton)

Data Source: Longzhong Information	Data source: Longzhong Information

4 Price Prediction

In the short term, with the supply-side prices easing, market confidence is harder to build, photovoltaic demand has slowed its purchasing pace, downstream foaming terminals are not seeing good new orders, the peak season is not meeting demand expectations, leading to slow digestion of spot market resources, increased resistance for traders to ship goods, and market prices may continue to be under downward pressure. In the short term, it is expected that... The domestic EVA market shows a weak trend. 。

5 - Related Product Information

1 Ethylene: On October 13, CFR Northeast Asia remained stable at $785/ton, and CFR Southeast Asia remained stable at $780/ton. The ethylene price quoted by Sinopec East China Sales Branch remains stable at 6,300 RMB/ton, while Jinshan United Trading's ethylene price is also synchronized at 6,300 RMB/ton.

2 Vinyl acetate: The mainstream discussion price for vinyl acetate in the East China market is 5800-5900 RMB/ton, Jiangsu. Petrochemical prices are at 5700-5800 yuan/ton, with spot supply being relatively low. The market news is mixed, and holders are reluctant to sell at low prices, with the focus of negotiations shifting towards the higher end.

6 Data Calendar

Table 2 Domestic EVA Data Overview (Unit: 10,000 tons)

Data	Publication Date	Data	This period's trend forecast.
EVA Capacity utilization rate	Thursday 16:00PM	93.03%	↗
EVA Weekly Production	Thursday 4:00 PM	6.45	↗
Data Source: Longzhong Information Remarks: 1. ↓↑ is regarded as significant volatility, highlighting data dimensions where the price fluctuation exceeds 3%. 2. Treat ↗↘ as narrow fluctuations, highlighting data with a price change within 0-3%.

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[EVA Daily Review] Market Continues Weak Downtrend, Trading Difficult

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