The ethylene vinyl acetate (EVA) market is experiencing volatility with prices at record highs, coupled with tight supply caused by global outages. The need for context and clarity of market conditions has never been more important, to enable businesses to make better informed investment and planning decisions. ICIS, a global leader in independent commodity intelligence services for plastics and polymers, now provides a European EVA price assessment, along with deeper coverage in Asia-Pacific. Weekly pricing analysis, assessments, insight, supply and demand drivers, a short-term outlook, as well as intelligence on upstream markets, provide a comprehensive and transparent market perspective
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Redwan Hoque, Head of Commercial Strategy – Chemicals, at ICIS said: “The experience ICIS provides, along with our market relationships and proven methodology, means the EVA price assessment service provides a comprehensive and trusted understanding of the factors that impact this volatile market. Insights enable smart production and selling decisions and facilitate effective risk management with evaluation of the impact of new capacities or plant disruptions.”
The launch of global EVA coverage, together with ICIS‘ three global benchmarks that influence EVA prices: polyethylene (PE), acetic acid, and vinyl acetate monomer, will provide the industry with unprecedented transparency and a deeper understanding of the key drivers across the entire PE sector.
Alongside the release of a European EVA price assessment, ICIS Asia coverage now includes three additional domestic China grades, based on VA content. US pricing coverage will follow shortly, making this the first global EVA pricing assessment service.
EVA polymer is widely used as a co-polymer to make polyethylene more flexible. It is produced using the same process as low-density polyethylene (LDPE). Production can be easily switched between the EVA and LDPE, depending on which is more profitable. EVA is a highly versatile and is valued for its high elasticity, sealability, low melting point, and clarity. Applications include everything from car wax, mouldable mouthguards, and foam shoes to nicotine patches, adhesive resin formulations, wire and electrical cables compounding, and solar panels.