In November, the EVA market continued to be weak, the price continued to fall, and the overall transaction atmosphere of the market was weak. According to the data monitoring of business agency, the average ex factory price of domestic EVA was 24200.00 yuan / ton on October 31 and 22000.00 yuan / ton on November 11, with a decrease of 9.09% and 20.10% compared with October 1.

As of November 12, the ex factory quotation of EVA is as follows:

product manufactor model Ex factory price

EVA yanshan petrochemical 18J3 22000 yuan / ton

EVA Beijing Organic Y2022 21000 yuan / ton

EVA BASF Yangzi V5110J 23000 yuan / ton

Recently, the domestic EVA market continues to decline, with obvious market bad, frequent bidding policies, suppressing the mentality of the industry, petrochemical enterprises reduce the factory quotation, the mentality of the merchants is general, giving priority to profit and shipping, and the downstream is cautious to enter the market with the mentality of buying up but not buying down. In addition, the market demand is weak, the overall transaction atmosphere is weak, and the firm offer focuses on a single discussion.

In the upstream ethylene market, the recent external ethylene market showed a shock downward trend as a whole. The price of ethylene in Asia is stable. As of the 11th, CFR Northeast Asia closed at US $1156-1166 / ton and CFR Southeast Asia closed at US $1071-1081 / ton. The price of ethylene market in Europe fluctuated and fell. As of the 11th, FD northwest Europe closed at US $1231-1231 / T and CIF northwest Europe closed at US $1182-1190 / T. The price of ethylene in the United States fell. As of the 11th, the price was 779-797 yuan / ton. Recently, the overall demand of the external ethylene market is poor, the market trading atmosphere is general, and the transaction is cold.

On the whole, the current market lacks obvious benefits, the downstream demand is not followed up, the market entry mentality is cautious, and the overall transaction atmosphere in the market is poor. Petrochemical enterprises reduce the ex factory price, the merchant mentality is pessimistic, and it is mainly to make profit and ship one after another. It is expected that the EVA market will continue to weaken in the short term.