[SMM Weekly Review] Prices of New Film Orders in June Expected to Decline, EVA Transaction Center Continues to Fall

SMM May 28 News:

EVA: This week, the price of PV-grade EVA ranged from 10,100 to 10,400 yuan/mt, with the transaction center continuing to move downward. The demand for foaming-grade and cable-grade EVA slowed down, and prices also fell significantly. It is expected that the new order prices of film in June will decline due to weak demand. The transaction pace in the EVA market has slowed down, with overall transactions being average. Film enterprises have a strong wait-and-see sentiment. It is anticipated that EVA prices will remain under pressure.

Film: The mainstream price range of EVA film is 13,000 to 13,200 yuan/mt, while the price range of EPE film is 14,500 to 15,000 yuan/mt. The cost side has seen a pullback in the price of PV-grade EVA resin, providing cost support for the downward movement of film prices. On the demand side, affected by the decline in module prices, demand is weak, and it is expected that the new order prices of film in June will decline.

POE: The domestic delivery-to-factory price of POE has stabilized at 12,000 to 14,000 yuan/mt. Under the dual pressures of gradually weakening demand and the successive release of new capacity, it is expected that the price of PV-grade POE will be under pressure.