At the beginning of July, the domestic EVA market price continued to be weak as a whole, and the price continued to fall. According to the monitoring data of business agency, the average ex factory price of domestic EVA was 23400.00 yuan / ton on July 1 and 23000.00 yuan / ton on July 6. During this period, the price fell by 1.71%, up 27.07% compared with the same period last year.

As of July 6, the ex factory quotation of EVA is as follows:

Products, manufactor., model., Ex factory price

EVA., Yanshan Petrochemical, 18J3., 22000 yuan / ton

EVA., Beijing Organic, Y2022., 22000 yuan / ton

EVA., BASF Yangzi, V5110J., 25000 yuan / ton

In July, the domestic EVA market as a whole still weakened, and the ex factory quotations of petrochemical enterprises were individually reduced. Although the international crude oil price increased significantly at the beginning of the month, the cost side brought some support. However, the negative factors in the market are obvious, the terminal demand has not changed yet, the demand of downstream manufacturers remains rigid and needs to be followed up, the willingness to purchase is low, the market trading atmosphere is depressed, the merchants’ shipments are slow, most of them make profits to stimulate shipments, and the price is weak.

In terms of current costs, the international crude oil price fell sharply on the 5th, resulting in a bad market mentality, insufficient terminal demand, slow consumption of market supply, poor enthusiasm for downstream market entry, and a light overall trading atmosphere. It is expected that the price of domestic EVA market may still weaken in the short term.