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[SMM Analysis] "430" and "531" Dual Policy Periods: PV-Grade EVA Prices Continue to Rise
Mar 14, 2025, at 3:12 pm
SMM Analysis: "430" and "531" Dual Policy Periods, PV-Grade EVA Prices Continue to Rise
This week, mainstream transaction prices for PV-grade EVA were 11,500-11,850 yuan/mt, up 100 yuan/mt WoW. The increase in PV-grade EVA prices drove slight price adjustments for foam-grade and cable-grade EVA. Regarding EVA film, this week, mainstream transaction prices for EVA film were 13,300-13,500 yuan/mt, while mainstream transaction prices for EPE film were 15,200-15,500 yuan/mt.
SMM, March 14: This week, mainstream transaction prices for PV-grade EVA were 11,500-11,850 yuan/mt, up 100 yuan/mt WoW. The rise in PV-grade EVA prices has driven slight increases in the prices of foam-grade and cable-grade EVA. Under the influence of the "rush for installations," the supply-demand pattern has tightened, and spot supply in the market is tight. Although downstream film producers have shown some resistance to rising costs, strong demand has continued to push EVA resin prices upward. In the short term, with the increase in module production schedules, EVA resin prices are expected to rise slightly further, though the extent of the increase may be constrained by downstream cost tolerance.
For EVA films, this week, mainstream transaction prices for EVA films were 13,300-13,500 yuan/mt, while mainstream transaction prices for EPE films were 15,200-15,500 yuan/mt. With PV-grade EVA prices remaining high, the cost side is under significant pressure. Coupled with the dual policy periods of "430" and "531," which have driven an increase in module production schedules and a gradual warming of demand, the combined effects of cost-side price support and recovering downstream demand suggest that film prices may show a slight upward trend.
