Goldman Raises Oil Forecast
Goldman Sachs lifted its December and 2027 oil price forecasts amid heightened supply disruption risk from Russia-Ukraine and Middle East conflicts. The bank now expects higher prices, reflecting a stronger risk premium.
Goldman Sachs lifted its December and 2027 oil price forecasts amid heightened supply disruption risk from Russia-Ukraine and Middle East conflicts. The bank now expects higher prices, reflecting a stronger risk premium.
Crude oil prices are rising, adding pressure to domestic inflation. The volatility is expected to continue influencing commodity market trends.
| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Ethylene Vinyl Acetate (EVA) | China | EXW | USD 1,534.00/MT | August 2026 |
| Ethylene Vinyl Acetate (EVA) | Europe | EXW | USD 2,932.00/MT | August 2026 |
| Ethylene Vinyl Acetate (EVA) | South East Asia | EXW | USD 1,654.00/MT | August 2026 |
| Ethylene Vinyl Acetate (EVA) | Middle East | EXW | USD 1,598.00/MT | August 2026 |
| Ethylene Vinyl Acetate (EVA) | Latin America | EXW | USD 2,040.00/MT | August 2026 |
| Ethylene Vinyl Acetate (EVA) | USA | EXW | USD 2,412.00/MT | August 2026 |
| Ethylene Vinyl Acetate (EVA) | China | EXW | USD 1,465.00/MT | July 2026 |
| Ethylene Vinyl Acetate (EVA) | Europe | EXW | USD 2,946.00/MT | July 2026 |
| Ethylene Vinyl Acetate (EVA) | South East Asia | EXW | USD 1,630.00/MT | July 2026 |
| Ethylene Vinyl Acetate (EVA) | Middle East | EXW | USD 1,570.00/MT | July 2026 |
| Ethylene Vinyl Acetate (EVA) | Latin America | EXW | USD 2,000.00/MT | July 2026 |
| Ethylene Vinyl Acetate (EVA) | USA | EXW | USD 2,400.00/MT | July 2026 |
Stay updated with the latest Ethylene Vinyl Acetate (EVA) prices, historical data, and tailored regional analysis
Asia
In China, the average price of Ethylene Vinyl Acetate (EVA) rose from ~USD 1,465.00/MT (EXW) in July to ~USD 1,534.00/MT in August, an increase of ~4.7%. South East Asia gained about 1.5%, from ~USD 1,630.00/MT (EXW) to ~USD 1,654.00/MT, while the Middle East climbed about 1.8%, from ~USD 1,570.00/MT (EXW) to ~USD 1,598.00/MT. Asian ethylene costs firmed through the quarter on tight supply and higher energy values, before rising sharply in early September. Korean crackers ran at reduced rates, and planned shutdowns from September to November pointed to tighter feedstock availability. Although China’s ethylene output grew 3.6% in August on new capacity, EVA producers raised offers to reflect higher costs.
Europe
In Europe, EVA averaged approximately USD 2,946.00/MT (EXW) in July and eased slightly to about USD 2,932.00/MT in August. The ethylene contract fell sharply in July after oil prices dropped and stayed broadly flat afterwards. Weak demand and high inventories across the polyolefins chain limited EVA pricing power, and LyondellBasell expected its European olefins and polyolefins plants to run at about 70% in Q3, reflecting soft conditions.
North America
In the USA, average EVA prices edged up from nearly USD 2,400.00/MT (EXW) in July to roughly USD 2,412.00/MT in August. Gulf Coast ethylene stayed broadly flat and cheap due to low-cost ethane feedstock, which kept production costs stable. However, planned downtime at a key polyolefins site was expected to reduce second-half volumes, with regional operating rates easing to about 85% in Q3, which supported prices slightly.
Analyst Insight
According to Procurement Resource, Ethylene Vinyl Acetate prices are likely to firm further in Asia as cracker shutdowns tighten ethylene supply, while subdued European demand may keep Western markets range-bound.
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Asia
EVA prices in China declined to ~USD 1,923.71/MT in April and ~USD 1,481.00/MT in June, showing a ~23.0% decrease. The market weakened after early-quarter tightness faded due to returning production, rising inventories and slower downstream purchasing. Initial support came from photovoltaic demand, as PV encapsulant film represented around 50%-60% of Chinese EVA demand. However, after the export rebate adjustment for photovoltaic products, module margins weakened and buyers reduced inventory building. EVA supply increased as maintenance units restarted, while March imports recovered strongly, adding availability pressure. Lower crude-linked costs and seasonal weakness in footwear, foam and cable applications further pressured prices during June.
Europe
EVA prices in Germany declined to ~USD 2,049.70/MT in April and ~USD 1,602.00/MT in June, showing a ~21.8% decrease. Initially, European markets faced higher production costs during Q2 due to tighter ethylene availability and elevated feedstock expenses. Producer pricing actions reflected these pressures, with EVA and vinyl acetate monomer increases announced during the quarter. However, later in the quarter, ethylene prices normalised as the logistical disruptions and insurance costs stabilised. Subsequently, weak industrial activity and cautious downstream purchasing limited sustained price increases.
North America
EVA prices in the United States declined to ~USD 2,010.70/MT in April and ~USD 1,636.00/MT in June, showing a ~18.6% decrease. Producers faced higher feedstock and logistics costs during early Q2, leading to EVA price increase announcements. However, improved supply conditions later reduced cost pressure. Solar demand provided support, with continued growth in photovoltaic installations supporting PV-grade EVA consumption. Broader industrial demand remained mixed, limiting stronger price movement.
Analyst Insight
According to Procurement Resource, EVA prices are expected to remain regionally varied, with solar demand supporting high-grade material while inventory levels and feedstock trends influence broader market direction.
Ethylene Vinyl Acetate (EVA) is a thermoplastic polymer formed by copolymerization of ethylene and vinyl acetate. Owing to its highly versatile properties like elasticity, low-temperature toughness, and crack resistance, EVA finds its use in several industries like adhesives, packaging, lamination, sealants etc. Its elasticity or 'rubber-like' softness and flexibility are directly proportional to the concentration of vinyl acetate.
Hence, different grades of EVA can be made by harnessing this property. EVA foam is highly durable and has high resistance to many corrosive chemicals. EVA foam, by virtue of its properties, is used as a shock absorber in many sports and medical equipment.
(C2H4)n(C4H6O2)m
Sealant in meat and dairy packaging, Lamination, Padding in equipment, Shock absorbers, Tires and wires, Adhesives,Photovoltaic cells, Footwear
EVA, Polyethylene Vinyl Acetate, PEVA
Lyondell Basel Industries, DuPont de Nemours Inc, Celanese Corporation, INEOS Group Ltd
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Ethylene Vinyl Acetate is commonly produced by radical chain polymerization of ethylene and vinyl acetate at high temperatures (above 100°C) and pressure (15,000-30,000 psi). Large industrial scale production of EVA is carried out in bulk where vinyl acetate act as both a reactant and a solvent. The process involves a continuous flow reactor where the feedstocks are provided at multiple locations to keep the desired steady state of the reaction. This process requires a complex and expensive manufacturing setup; hence, it is used in bulk manufacturing.
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The report is a detailed study of economics of production of EVA from copolymerisation of ethylene and vinyl acetate in a high pressure reactor.
Hexamethylenediamine Manufacturing Plant Project Report thoroughly focuses on every detail that encompasses the cost of manufacturing. Our extensive cost model meticulously covers breaking down expenses around raw materials, labour, technology, and manufacturing expenses. This enables precise cost structure optimization and helps in identifying effective strategies to reduce the overall cash cost of manufacturing.
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