[SMM Weekly Review] Module prices decline, EVA offers discounts for shipments

SMM May 22 News:

EVA: This week, the price of PV-grade EVA ranged from 10,200 to 10,650 yuan/mt. Prices for foam-grade and cable-grade EVA also saw significant declines. Transaction volumes fell short of expectations. The continuous decline in module prices on the demand side drove down film prices. With weak demand, film enterprises slowed down their procurement pace. It is expected that in the short term, petrochemical enterprises will focus on offering discounts to boost sales, and EVA prices may continue to decline.

Film: The mainstream price range for EVA film is 13,000 to 13,200 yuan/mt, while the price range for EPE film is 14,500 to 15,000 yuan/mt. The continuous decline in module prices on the demand side has weakened demand. The cost side has seen a sustained pullback in the price of PV-grade EVA, providing cost support for the decline in film prices. It is expected that in the short term, film prices will remain in the doldrums.

POE: The domestic delivery-to-factory price of POE has stabilized at 12,000 to 14,000 yuan/mt. Despite maintenance activities at some petrochemical enterprises, under the dual pressures of weak demand and the gradual release of new capacity, the market price of PV-grade POE is expected to fluctuate downward.