1 Today's summary

① The EVA petrochemical factory's ex-factory price remained stable this week.

② The EVA petrochemical facility has been producing stably this week.

2 Spot Overview

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

Today's domestic EVA market atmosphere is lackluster. There is a divergence in mindset among traders in the market, with offers appearing somewhat chaotic. The demand for foaming materials is sluggish, and some holders, in a state of panic, are offering discounts to promote transactions. Most deals are negotiated, with a weak and cautious atmosphere prevailing. 。 At the close: Soft material reference 11,400-11,900 yuan/ton, hard material reference 11,300-11,800 yuan/ton.

Figure 1 Domestic EVA Price Trend Chart (yuan/ton)	Figure 2 Domestic EVA Price Trends by Region (RMB/ton)
Data source: Longzhong Information	Data source: Longzhong Information

3 Production Dynamics

Domestic EVA petrochemical plants: Jiangsu Hongjing Line I produces photovoltaic V2825, Line II switches to photovoltaic; Ningxia Baofeng produces photovoltaic, Tianli Gaoxin produces photovoltaic; the industry's capacity utilization rate remains high; in addition, the soft material prices in the South China market are整理 at 11,400-11,700 yuan/ton, and the gross profit level of the domestic EVA industry is around 2,100 yuan/ton.

Figure 5: Trend of Domestic EVA Capacity Utilization Rate	Figure 6 Domestic EVA Profit and Price Comparison (yuan/ton)
Data Source: Longzhong Information	Data source: Longzhong Information

4 price prediction

In the short term, the fundamentals of the domestic EVA market are expected to remain in a stalemate and consolidation trend. Demand from the photovoltaic sector will temporarily provide support, with EVA manufacturers maintaining a firm stance to prop up the market, and major distributors following suit to keep prices stable. Downstream foaming demand follows rigid needs, market transaction pace is slow, supply and demand game continues, industry players are cautious in operation, Longzhong Information expects the domestic EVA market to remain weakly stable in the short term.

5 , Product Information productId︓

  1 Ethylene On April 1, CFR Northeast Asia is stable at $855/ton, and CFR Southeast Asia is stable at $920/ton. Sinopec Chemical Sales East China Company has kept its ethylene price steady at 7,100 yuan/ton, and Jinsan Lianmao has also maintained its ethylene price at 7,100 yuan/ton.

2 Acetic acid vinylester: East China Acetic Acid 乙烯 marketHigh The low-end mainstream negotiation range is 5850-6000 yuan/ton, while petrochemical prices in East China are 5950-6000 yuan/ton. The market is mostly observing, and the negotiation focus is being adjusted within this range.

6 Data Calendar

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