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[eva daily review] market lacks positive support, continues downward trend

Longzhong 2025-10-17 17:50:39

1 Today's Summary

This week, the ex-factory price of EVA petrochemicals remained stable with a downward adjustment, and the auction prices of goods fell sharply.

This week's EVA petrochemical units: Gulei Petrochemical stopped for maintenance on the 13th for 5 days, while other units, except for the long-stopped Yanshan Petrochemical unit, are operating stably. Hanwha-GS Energy in Korea has an annual capacity of 300,000 tons.September 25Device commissioning.

Today, the domestic EVA market remains weak, with downstream factories maintaining a wait-and-see approach on Friday, and sporadic purchases focusing on small orders.Operators are bearish and very worried about the future market. The market's soft material prices are reportedly low, and the focus of actual transactions is shifting downward. Mainstream price: Soft materials are priced at 10,200-10,600 RMB/ton, hard materials are priced at 10,500-10,800 RMB/ton. 。

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

Data Source: Longzhong Information	Data source: Longzhong Information

3 Production Dynamics

Domestic EVA petrochemical plants: Sinochem Quanzhou produces V3312; Jiangsu Sailboat's tubular reactor produces photovoltaic (materials), autoclave reactor produces UE3315; Jiangsu Hongjing's PV1 line produces photovoltaic (materials), PV2 line...Photovoltaic V2825PV3 line produces 6020M; Ningxia Baofeng produces photovoltaic 2825; Yanchang Yulin produces V2825Y; Tianli Gaoxin produces photovoltaic; Zhejiang Petrochemical produces photovoltaic; Gulei Petrochemical stopped for maintenance on the afternoon of October 13th.All three EVA units at Yanshan have been shut down.Additionally, the price of soft materials in the South China market is 10,650-11,200 RMB/ton, and the gross profit level of the domestic EVA industry is around 2,100 RMB/ton.

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

Data source: Longzhong Information	Data Source: Longzhong Information

4 Price Prediction

In the short term, it is difficult to find support from favorable news within the market. The future production schedule for photovoltaics is expected to be weak, new orders from downstream shoe factories are weak, purchasing intentions are hesitant, supply and demand conflicts are increasing, and petrochemical factory prices are expected to revolve around adjustments next week. It is anticipated that in the short term... The domestic EVA market prices still have room for decline. 。

5 Related Product Information

1 Ethylene: On October 16, CFR Northeast Asia was stable at $785/ton, and CFR Southeast Asia was stable at $780/ton. The ethylene price quoted by Sinopec Chemical Sales East China Branch remained stable at 6,300 yuan/ton, and Jinshan United Trading's ethylene quotation also synchronized to 6,300 yuan/ton.

2 Vinyl acetate: The mainstream negotiation price for vinyl acetate in the East China market is 5800-5900 RMB/ton, Jiangsu. Petrochemical prices range from 5800-5900 yuan/ton, with limited spot supply. There are mixed reports on quotations, and holders are reluctant to sell at low prices, maintaining a high-end negotiation focus.

6 Data Calendar

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

Data	Publication Date	Data	The forecast for this period's trend
EVA Capacity utilization rate	Thursday 16:00PM	89.84%	↓
EVA Weekly Production	Thursday 4:00 PM	6.23	↓
Data Source: Longzhong Information Remarks: 1. ↓↑ is considered a significant fluctuation, highlighting the data dimension where the rise or fall exceeds 3%. 2. ↗↘ is considered a narrow fluctuation, highlighting data with a rise or fall range within 0-3%.

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[eva daily review] market lacks positive support, continues downward trend

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