Technical FAQs 4

Why did the Eva market decline in 2024?

During the second quarter of 2024, the EVA market in the Asia-Pacific region faced a significant decline in prices due to a variety of market conditions. Weak consumption in end use sectors, particularly in packaging, footwear, and solar panels, played a crucial role in the downward pricing pressure.

How did Eva prices perform in Asia in Q4 2024?

In Asia, EVA prices showed a moderate upward trend throughout the fourth quarter of 2024. Demand stayed relatively firm, especially in Northeast Asia, supported by seasonal buying in the packaging and footwear sectors. The steady recovery in industrial output and improved ethylene availability also helped stabilize EVA production costs.

How much does EVA foam cost in Hamburg?

Along with the high feedstock prices and sturdy demand for EVA foam from the downstream sectors, the prices averaged 5320 USD/MT FD Hamburg. With the European embargo against Russia, Ethylene Vinyl Acetate prices reached a new maximum during the second quarter.

How much is ethylene vinyl acetate (EVA) in China?

In China, the monthly average prices went from about 1610 USD/MT (Spot, 28%) in April to about 1557 USD/MT in June’24. Ethylene Vinyl Acetate is widely used in various industries, such as protection and packaging. In the footwear industry, EVA is commonly used for shoe soles and insoles, providing cushioning and comfort.

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