According to the data monitoring of the business association, EVA prices are firm this week, with little change. The average price of domestic EVA market was 20466.67 yuan / ton on April 26 at the beginning of the week, and 20466.67 yuan / ton on April 30 at the end of the week, which was flat compared with the price at the beginning of the week and increased by 2.58% compared with March 30. Although the quotation of EVA manufacturers did not change during the week, the market price quotation center rose.
As of April 30, EVA ex factory quotation is as follows:
product manufactor model Ex factory price
EVA yanshan petrochemical 18J3 20000 yuan / ton
EVA Beijing Organic Y2022 21500 yuan / ton
EVA Beijing Organic Y2045 21500 yuan / ton
EVA BASF Yangzi V5110J 19900 yuan / ton
This week, the domestic EVA ex factory quotation is mainly strong, with limited fluctuation. The market price quotation center has risen, with an increase of 300-600 yuan / ton. The May Day holiday is coming. As the end of the month approaches, the supply of petrochemical products is low, and the supply of imported products is limited. The overall supply of the market is weak, and the mentality of the industry is good. The market demand of photovoltaic materials has improved, which has brought certain benefits to the market, and the industry is mainly bullish on the future. However, the resistance of the lower reaches to high prices has increased, and most of them make up on demand. The overall transaction atmosphere of the market is general.
International crude oil market: on April 29, the international oil price rose significantly. The settlement price of the main contract of WTI crude oil futures market in the United States was US $65.01/barrel, up US $1.15 or 1.8%. The settlement price of the main contract in Brent crude oil futures market was US $68.56/barrel, up US $1.27 or 1.9%, mainly due to the strong performance of US economic data and the weakness of US dollar, and the expectation of demand recovery outweighed the market’s worry about the epidemic situation in India and other places.
Ethylene market: in the near future, the overall external market of ethylene showed a slight upward trend. The price of ethylene market in Asia was stable. As of the 29th, CFR closed at US $1102-1110 / T in Northeast Asia and US $1047-1055 / T in Southeast Asia. The price of ethylene market in Europe fluctuated and rose. As of the 29th, FD in northwest Europe closed at US $1260-1273 / T and CIF in northwest Europe closed at US $1210-1221 / T. The price of ethylene in the United States is stable. As of the 29th, the price is US $1140-1152 / ton. Recently, the market of ethylene in Europe, America and Asia is generally stable and rising, mainly due to slight fluctuations in Europe. Generally speaking, the trading atmosphere of the whole ethylene external market is acceptable, with a slight rise in the market.
On the whole, the domestic petrochemical industry is mainly engaged in photovoltaic production. The overall supply of other varieties is weak, which brings some support to the market. The trend of raw material products is good, and the mentality of manufacturers is relatively strong. The price is expected to rise after the festival.
Polyglutamic acid |