[SMM Weekly Review] PV-grade EVA Prices Decline Weakly, Film Prices Under Pressure and Fall in July

SMM News on July 11:

EVA: This week, the price of PV-grade EVA ranged from 9,500 to 9,700 yuan/mt. Recently, downstream film enterprises have been replenishing their stocks one after another, and the order situation of petrochemical plants has been relatively good. However, on the demand side, the module scheduled production continued to decline in July, with a significant contraction in demand. On the supply side, some petrochemical enterprises have switched to maintenance, leading to a continuous tightening of PV-grade EVA resin supply. The overall market showed a pattern of weak supply and demand, and it is expected that the price of PV-grade EVA resin will be in the doldrums in the near future.

Film: The mainstream price range of EVA film is from 12,000 to 12,300 yuan/mt, and the price range of EPE film is from 13,000 to 13,200 yuan/mt. The price of PV-grade EVA resin on the cost side has continued to decline, providing some cost support for film prices. On the demand side, the module production schedule fell short of expectations. Under the pattern of weak costs and demand, film prices have remained low.

POE: The domestic delivery-to-factory price of POE ranges from 11,000 to 14,000 yuan/mt. The market trading atmosphere has been relatively sluggish. On the demand side, the module production schedule has declined, and the operating rate of film enterprises has dropped, with demand falling short of expectations. It is difficult for prices to rise, and it is expected that the price of PV-grade POE will remain weak and stable in the near future.