Since mid-July, the domestic EVA market has seen a slight rise in prices

Since mid July 2026, domestic EVA has shown a stable and moderate upward trend According to data from Shengyi Society, as of July 23, the benchmark price of EVA was 10066 yuan/ton, an increase of 3.07% from 9766 yuan/ton on July 10. Several petrochemical companies have gradually increased their factory prices, with a single adjustment of 100-400 yuan/ton, but market transactions are mainly for small orders for essential needs.

The cost support is clear, and the ex factory price of ethylene in East China has been raised by 300 yuan/ton to 7900 yuan/ton. Coupled with the strengthening of crude oil geography, EVA cost support has strengthened. The supply side is shrinking significantly, with centralized maintenance of equipment and some production lines switching to general materials; In the first half of the year, the cumulative export of EVA was 258700 tons, a year-on-year increase of 84.65%, significantly digesting domestic inventory.
There is a significant differentiation between cold and hot demand on the demand side. Downstream photovoltaic film companies maintain a 65% -75% operating rate, moderately replenish inventory during low prices, and provide strong support for photovoltaic EVA; The foam and shoe material industries are in a traditional off-season, with insufficient terminal orders. Downstream factories generally use them as needed, resisting high priced raw materials and suppressing the upward space of general materials.
The EVA spread has been continuously declining from zero since late April, reaching a stage low in mid to late May, and the bearish pattern has reached its peak. Subsequently, the moving average began to recover and rebound. In mid June, it briefly hit the zero axis, forming a bullish signal. After a surge, it fell back again. At the end of June, it hit the bottom again, but the bottom clearly rose, forming a W-bottom pattern. In July, the moving average steadily rebounded again and continued to move above the zero axis. The overall trend shifted from deep bearish to volatile repair, with the bottom center of gravity moving upward. The bearish momentum continued to decline, and bullish strength gradually accumulated.
Looking ahead to the future, it is expected that the weekly settlement price of petrochemical plants will increase this week, and EVA will remain stable with a moderate to strong trend, but the upward space is limited. The mid August September peak season is approaching, and component production is expected to increase by more than 15% month on month. Coupled with the fact that maintenance equipment will resume production in late August, there is room for price recovery.