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The high-pressure price bottomed out from the low point in April 2020, and the high-pressure price once exceeded 12,000 yuan in November 2020
.
The absolute price of high pressure is an indicator that can directly judge the strength of high pressure, while another indicator, the linear price difference, can indirectly judge the strength of high pressure
.
Since 2018, the high-pressure domestic production growth rate has gradually decreased
.
Iran is China's largest source of high-pressure imports
.
As of July this year, the accumulation of high-voltage supply was only about 3% year-on-year, the domestic accumulation was 10% year-on-year, and the import was a negative growth of -2%
.
With the arrival of the peak season of agricultural mulch film demand in the second half of the year, the high-pressure demand will increase, while the high-pressure supply is tight, and the high-pressure supply and demand relationship may continue to tighten
.
In 2021, EVA started from a high position.
Driven by the peak demand season in the first half of the year, the price of EVA reached a record high in March
.
With the addition of new EVA production capacity into the market in the off-season, importers are not optimistic about the future of EVA and greatly reduce the purchase of imported goods
.
The overall low inventory operation of the entire industry chain boosts the EVA price rise by staged replenishment
The overall low inventory operation of the entire industry chain boosts the EVA price rise by staged replenishmentSince the EVA industry entered the off-season in the second quarter, coupled with the terminal's mentality of "buying up and not buying down", the inventory of EVA terminal companies has remained low.
By August, with the digestion of supply, most companies' inventory has entered the critical point of purchase.
.
For intermediaries, considering the consideration of adding new production capacity in the off-season, in order to avoid risks, most of the supplies in hand are pre-sold in advance, and there are few in stock
.
For upstream EVA manufacturers, the second quarter is usually the time when maintenance is concentrated, and maintenance occurs frequently, resulting in a low level of corporate inventory
.
In July-August, the state of zero inventory or lack of goods is maintained
.
After mid-July, terminal enterprises started to buy bottoms in stages, inquiries in the market increased, and the overall low inventory of EVA industry chain, the price of EVA soft material rebounded first
.
The rise in EVA prices further stimulated the enthusiasm of terminals to cover positions, and the imbalance between supply and demand in the EVA market has gradually become apparent, supporting the overall rise in EVA prices
.
Photovoltaic demand starts to change the domestic supply structure of EVA
Photovoltaic demand starts to change the domestic supply structure of EVAAfter mid-July, after the price of EVA soft materials rebounded first, film companies concentrated on buying EVA photovoltaic materials from the end of July to the beginning of August
.
Entering August, the operating rate of plastic film enterprises has increased significantly
.
According to Zhuochuang Information, the operating rate of large-scale enterprises has generally increased to 70% to full capacity
.
The recovery of demand for photovoltaic film, the large demand for photovoltaic-grade EVA in enterprises, and the active adjustment of product structure by EVA manufacturers are also an important factor leading to the tight supply of other EVA sources
.
