[Price Review]
This week EVA market price narrow collation, the market is mixed. This week, domestic EVA supply is still tight, traders have low inventory, reducing interest intention. However, the demand of terminal enterprises is not good, low price, high source of goods clinch a deal obstructed, stalemate between buyers and sellers.
[Cost]
EVA production costs vary in different paths this week. The EVA cost of crude oil route was 13,310 yuan/ton, decreasing 0.27% from the previous month. The methanol route EVA cost was 13,392 yuan/ton, up 0.14% from the previous month. The price difference is 81 yuan/ton.
[Supply side]
This week EVA industry start load 67.29%, 0.61 percentage points lower than the previous period. The current EVA among manufacturers, lianhong Kettle unit started production of 00628 on March 27. Yansan tube unit March 30, daily production of 18F3X, kettle type device small fault shutdown on 31st, other petrochemical devices are normal production.
[Demand]
This week EVA terminal industry compound operating rate at 50.09%. Some small factories saw a slight decline in production. Due to the impact of international health emergencies, foreign trade orders of some enterprises were affected. Meanwhile, some enterprises reported that the current operating situation of enterprises was weaker than the same period of last year.
Forecast for next week:
Next week, the fundamentals of supply and demand in EVA market have little change, and the trading volume will remain weak, and the game between buyers and sellers will continue to be maintained. However, with high profit, cost has limited influence on EVA market.