SMM Analysis: PV-Grade EVA Prices Rise Amid Tight Supply and High Demand Outlook

[SMM Analysis] This week, the mainstream transaction prices of PV-grade EVA were 11,300-11,650 yuan/mt. Meanwhile, the prices of foam-grade and cable-grade EVA also rose slightly, with active market trading sentiment. Due to policy factors, downstream module manufacturers may experience a rush for installations, leading to tight supply and increased demand. The overall market still showed an undersupply situation. In the short term, the supply-demand imbalance is unlikely to be alleviated, and prices are expected to remain high in the future.

For EVA film, the prices of major enterprises temporarily remained stable, with mainstream transaction prices at 12,600-12,800 yuan/mt. The continuous rise in raw material prices, coupled with the strong demand driven by the PV "rush for installations," is expected to create dual benefits on both the supply and demand sides, likely pushing film prices upward in the future.