According to the data monitoring of business news agency, the average price of domestic EVA market was 20466.67 yuan / ton on May 30 and 19666.67 yuan / ton on June 4, with a decrease of 3.91% in the week and 1.17% compared with March 30. This week, EVA manufacturers and market quotations were reduced to varying degrees.
As of June 4, EVA ex factory quotation is as follows:
product manufactor model Ex factory price
EVA yanshan petrochemical 18J3 19600 yuan / ton
EVA Beijing Organic Y2022 19500 yuan / ton
EVA Beijing Organic Y2045 19500 yuan / ton
EVA BASF Yangzi V5110J 19900 yuan / ton
This week, some EVA petrochemical enterprises lowered the ex factory price, the market offer followed the decline, and the overall market trend was weak. At present, the price of hard material is 20000-20300 yuan / ton, and that of soft material is 20400-20600 yuan / ton. The overall weak trend of EVA market is mainly affected by the demand. At present, it is in the off-season demand for foaming materials, and the release of new production capacity in the market has brought a certain impact. Petrochemical enterprises are generally stable, but some are still down. Multi dimensional downstream procurement has strong demand and general enthusiasm to enter the market, so it is difficult to improve the overall turnover of the market. Business mentality pessimistic, prices follow the decline.
EVA production enterprise device dynamic:
product manufactor Production capacity (10000 tons / year) Device dynamics
EVA yanshan petrochemical twenty On May 16, the company started production of high pressure diesel engine
EVA Beijing Organic four Production started on May 16
EVA Ningbo Formosa Plastics seven point two Now I’m driving
EVA BASF Yangzi twenty Normal production
In the international crude oil market, on June 3, the international oil price was frozen and stable, and the price did not change much. The settlement price of the main contract in the US WTI crude oil futures market was 68.81 US dollars / barrel, down slightly by 0.02 US dollars. Brent crude oil futures market settlement price of the main contract at 71.31 U.S. dollars / barrel, down 0.04 U.S. dollars. Oil prices rose significantly for two consecutive trading days before, and stopped rising on Thursday, mainly due to a sharp drop in U.S. crude oil inventories last week, but an unexpected rise in refined oil inventories.
Ethylene market, June 3, Asian ethylene market quotation, CFR Northeast Asia quotation 1022-1030 US dollars / ton, CFR Southeast Asia quotation 967-975 US dollars / ton. Recently, ethylene prices in Asia are mainly stable. On June 3, oil prices rose significantly for the previous two consecutive trading days. Oil prices stopped rising on Thursday, mainly due to a sharp decline in US crude oil inventories last week, but an unexpected rise in refined oil inventories. The settlement price of the main contract in the US WTI crude oil futures market was US $68.81/barrel, down slightly by US $0.02. Brent crude oil futures market settlement price of the main contract at 71.31 U.S. dollars / barrel, down 0.04 U.S. dollars. Affected by the high price of upstream crude oil, ethylene market may rise in the later stage.
Generally speaking, the market lacks obvious positive support at present. Affected by the traditional sales off-season, the terminal demand is weak, the enthusiasm of downstream market entry is limited, the transaction atmosphere is difficult to improve, and the shipping pressure of merchants is large. It is expected that the price of EVA market will not improve or continue to be weak in the short term.
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