Ethylene Vinyl Acetate Prices, Demand & Supply | ChemAnalyst
During the fourth quarter of 2023, the North American Ethylene Vinyl Acetate (EVA) market saw the influence of various significant factors. Primarily, the market was marked by a bearish sentiment attributed to diminished demand from downstream sectors like packaging, adhesives, and moldings. Consequently, prices declined as market players prioritized destocking and avoided inventory accumulation. In the US market, prices experienced further drops due to weak demand from downstream industries and ample material availability domestically. Additionally, support from the upstream Vinyl Acetate Monomer waned, leading to decreased production costs. Despite these fluctuations, the overall market outlook remained steady, albeit with a slight slowdown in consumer inquiries. Regarding price trends, there was a 2.7% decrease compared to the previous quarter, although there was no significant change compared to the same quarter of the previous year. The price of Ethylene Vinyl Acetate (EVA) 28% DE...