[SMM Weekly Review] Installation Rush Nears Its End, EVA Prices May Face Downward Pressure

SMM April 25 News:

EVA: This week, PV-grade EVA prices remained at 11,550-11,950 yuan/mt, with a slowdown in transaction pace and a strong market sentiment of wait-and-see, showing a volatile trend. Foam-grade and cable-grade EVA prices fell by 100 yuan/mt WoW. On the supply side, some petrochemical companies shifted production to PV-grade EVA, and spot supply gradually recovered. On the demand side, the installation rush is nearing its end, and the new order prices for film in May are expected to decline. With supply recovering and demand contracting, EVA prices are expected to show a downward trend in the later period.

Film: The mainstream price range for EVA film was 13,300-13,500 yuan/mt, and the price range for EPE film was 15,200-15,500 yuan/mt, with prices remaining stable. On the demand side, module prices showed a downward trend, and the installation rush is nearing its end, with demand gradually slowing down. The new order prices for film in May are expected to decline, and the cost side of PV-grade EVA prices is also expected to decline, providing cost support for the downward trend in film prices.

POE: Domestic delivery-to-factory prices for POE remained stable at 12,000-14,000 yuan/mt, with prices temporarily steady. Although some petrochemical plants are undergoing maintenance, under the dual impact of weakening installation rush demand and the release of new capacity, PV-grade POE prices are expected to be under pressure.