[SMM Weekly Review] Film Enterprises Procure Based on Rigid Demand, EVA Prices Remain Weak and Stable

SMM June 12 news:

EVA: This week, the price of PV-grade EVA ranged from 10,000 to 10,400 yuan/mt. The prices of foam-grade and cable-grade EVA remained stable at low levels. Film enterprises purchased based on rigid demand. Some petrochemical plants on the supply side were expected to undergo maintenance and switch production, resulting in an overall tight supply. However, the production schedule of modules on the demand side declined, and demand fell short of expectations. The market as a whole exhibited a pattern of weak supply and demand, with PV-grade EVA prices remaining stable at a weak level.

Film: The mainstream price range of EVA film was 12,300 to 12,500 yuan/mt, and the price range of EPE film was 13,900 to 14,000 yuan/mt. The production schedule of modules on the demand side declined, and demand was weak. The price of PV-grade EVA on the cost side remained stable at a weak level, weakening the cost support for film. It is expected that film prices will remain stable in the near future.

POE: The domestic delivery-to-factory price of POE remained stable 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.