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[EVA Daily Review] Weak Supply and Demand, Sluggish Transactions in the Foaming Market

Longzhong 2025-09-17 17:43:37

1 Today's Summary

This week's EVA petrochemical ex-factory prices have been adjusted upwards steadily.

This week’s EVA petrochemical plants: Sinochem shut down for maintenance on the evening of September 14; Baofeng shut down for maintenance on the evening of September 8, with a planned stoppage of 12-15 days.

Table 1: Domestic EVA Price Summary (Unit: Yuan/Ton)

The domestic EVA market remained stable and consolidated today, with mainstream agents offering limited spot quotations to maintain stability. Downstream foam producers showed resistance to high-priced sources, and some negotiated prices declined slightly. Actual transactions were centered around negotiations, with overall trading performance being poor. Mainstream prices: soft material reference 11,400-11,700 RMB/ton, hard material reference 10,900-11,500 RMB/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 Plants: The Sinopec Quanzhou plant halted operations for maintenance on September 14; Jiangsu Sailboat's tubular equipment produces photovoltaic, and the kettle-type produces UE2806; Jiangsu Hongjing's PV1 line produces photovoltaic, PV2 line switched to produce coating V1815, and PV3 line switched to produce photovoltaic V2825; all three EVA units in Yanshan are shut down; Ningxia Baofeng halted for maintenance on the evening of the 8th; Yanchang Yulin produces V2825Y; Tianli Gaoxin produces photovoltaic; Zhejiang Petrochemical produces photovoltaic. Additionally, the price of soft materials in the South China market is 11,400-11,600 RMB/ton, and the domestic EVA industry gross profit level is around 2,600 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, the supply side is stronger and supportive, while the demand side...Downstream photovoltaic demand is acceptable, butAs raw material prices continue to rise, their acceptance may decrease, leading to slower purchasing. This is especially true for foam end factories that resist high-priced raw materials, making it difficult for the market to achieve significant transaction volumes. As a result, holders of goods may lose confidence and offer some concessions to promote transactions. It is expected that the market will mainly remain stable and consolidate.

5 Relevant Product Information

1 Ethylene: 9 ==16 translates to "16th of the month" in English. Day CFR Northeast Asia 850 USD/ton stable, CFR Southeast Asia 840 USD/ton stable 。 Sinopec Chemical Sales East China Branch has lowered the ethylene price by 100 yuan/ton to 7050 yuan/ton, and Jinshan United Trading has adjusted their ethylene price to 7050 yuan/ton as well.

2 Vinyl acetate: East China Acetic AcidEthylene MarketThe mainstream transaction price is discussed between 5350-5450 RMB/ton. Petrochemical prices in the East China region are 5,350-5,450 RMB/ton, with increased support from large orders. The market is actively pushing up, and the focus of negotiations is moving up slightly.

6 Data Calendar

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

Data	Release date	Data	Current trend forecast
EVA Capacity utilization rate	Thursday 16:00PM	89.55%	↘
EVA Weekly Production Volume	Thursday 4:00 PM	6.21	↘
Data source: Longzhong Information Remarks: 1. Consider a significant fluctuation as a large swing, highlighting data dimensions with a change of more than 3%. 2. ↗↘ are considered narrow fluctuations, highlighting data with a rise or fall within 0-3%.

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[EVA Daily Review] Weak Supply and Demand, Sluggish Transactions in the Foaming Market

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