Ethylene vinyl acetate (EVA) prices in the United States fell this week, tracking the downward movement in the upstream ethylene market. Market participants noted that the decline underscores the tight cost linkage between EVA and its primary feedstock, with spot export values easing as ethylene availability increased.
According to a U.S.-based distributor, demand in the FAS Houston market held steady but showed no signs of fresh buying interest, reinforcing the cautious sentiment. The recent weakness in ethylene prices was attributed to greater domestic spot availability and higher export flows to Europe, which collectively exerted additional pressure on local values. As a result, medium-grade EVA mirrored this bearish trajectory, with suppliers and traders maintaining a watchful approach given both the subdued demand outlook and the ample feedstock supply.
By Thursday, medium-grade EVA prices were assessed at USD 1,135–1,145 per metric ton FAS Houston, down USD 5 per metric ton from the previous week.
In contrast, the Asian market painted a different picture. On Thursday, CFR Far East Asia EVA prices climbed to USD 1,245–1,255 per metric ton, a week-on-week gain of USD 20 per metric ton. Regional sources highlighted steady demand and tighter spot supply, particularly in the high-grade segment, as the primary drivers of the uptick.
Meanwhile, the European EVA spot market remained largely stable, with prices exhibiting little to no movement amid muted trading activity. Market analysts suggest that while Asia continues to benefit from firmer fundamentals, U.S. prices may remain under pressure until ethylene values find a clearer floor.
