This week, ethylene vinyl acetate (EVA) prices in Europe continued their downward trajectory, pressured by weak demand and seasonal factors. An industry source in Europe told a Polymerduniya team member that prices for all EVA grades fell through the month as the end of the agricultural film season dampened activity and the summer slowdown further reduced trading. Market participants are now looking ahead to September, when fresh negotiations are expected to set the tone for the next phase of trading, though a substantial recovery in demand appears unlikely before then.
The source noted that limited buying interest combined with falling naphtha values and persistently weak demand for vinyl acetate monomer (VAM) has kept sentiment bearish. Supply across Europe remains sufficient, while imports are expected to ease in the coming months as the EU’s duty-free quota has already been used, maintaining stable to long supply conditions that could prevent short-term price rebounds.
On Thursday, European EVA prices were assessed at Euro 1465–1475/mt DDP NWE, down by Euro 20/mt from the previous week.
In contrast, EVA prices in Asia held steady at USD 1255–1265/mt CFR Far East Asia, unchanged week on week after three consecutive weeks of gains. Market participants said low inventory levels among producers and converters supported stability despite a cautious petrochemical outlook.
Meanwhile, EVA prices in the US also remained consistent, with market fundamentals unchanged as supply and downstream demand stayed broadly balanced. Overall, sentiment in both Asia and the US reflects stability, while Europe continues to grapple with seasonal weakness and subdued demand.
