Ethylene vinyl acetate (EVA) prices in Europe remained unchanged this week as weak demand and seasonal slowdowns weighed on trading activity. Market participants noted subdued buying interest, with most players holding back ahead of September contract negotiations.
A European industry source told Polymerduniya, “Trading activity in the EVA spot market stayed muted amid persistently low buyer interest. Downstream pull from adhesives, foams, and solar encapsulants remained limited, reflecting typical August seasonality. With stable production levels and ample availability, there was little scope for upward momentum, leaving spot prices flat.”
On Thursday, European EVA prices were assessed at EUR 1,465–1,475/mt DDP NWE, unchanged from last week. Market fundamentals are expected to stay under pressure in the near term, with any price movements tied to energy costs, feedstock ethylene values, and a potential Q4 recovery in downstream demand.
In Asia, EVA markets moved sharply lower, with prices assessed at USD 1,220–1,230/mt CFR Far East Asia, down USD 35/mt week-on-week. The correction was attributed to subdued demand and abundant supply.
Meanwhile, US export markets also saw steep declines, with medium-grade EVA under pressure as ample availability created a highly competitive environment.
