EVA imports in December increased by 46.85% MoM, with prices remaining hot [SMM Analysis]

According to customs data, EVA imports in November reached 541,000 mt, down 5.86% MoM and 31.25% YoY. Cumulative imports from January to November totaled 8.37 million mt, down 32.94% YoY.

In terms of import volume by region in October, imports from South Korea were 273,000 mt (50.48%), from Taiwan, China were 154,000 mt (28.47%), from Saudi Arabia were approximately 30,000 mt (5.6%), from Japan were 21,000 mt (3.88%), and from the US were 17,000 mt (3.09%).

Major EVA suppliers from South Korea include Hanwha Total, LOTTE Chemical, and LG Chem. The October import volume increased by 4.15% MoM compared to September.

Major EVA suppliers from Taiwan, China include Formosa Plastics and USI Corporation. The October import volume decreased by 15.65% MoM compared to September.

Major EVA suppliers from Thailand include Dow, TPI, and TPC. The October import volume increased by 5.86% MoM compared to September.