Ethylene Vinyl Acetate

Ethylene vinyl acetate (EVA) is a product derived from the copolymerisation of ethylene with vinyl acetate. EVA’s main advantages include clarity and toughness, along with strong flexibility and the ability to withstand low temperatures. It also has good tear resistance and may be cross linked.

The main uses for EVA are as a stretch film for shrink wrapping, protector strips, shoe soles (cross linked) and disposable medical equipment. As a coating (for heat sealing) on polypropylene, polyethylene terephthalate and aluminum films. Other applications include tubing and wire coating.

The VA content in EVA differs according to the various grades, with the ICIS pricing report focusing on low VA content (14-20%) and high VA content (22-30%). EVA of 14-20% VA content has lower water absorption, higher permeability and dielectric strength and is cheaper that higher VA material. Product of 22-30% VA content has greater heat seal strength and flexibility compared to the lower VA content material. While 14-20% VA material’s main use is in food packaging, higher VA material can also be used for cable coating and as parts for circuit breakers.

ICIS pricing quotes ethylene vinyl acetate in Asia-Pacific:

Frequency

Weekly report published on Tuesdays

Ethylene Vinyl Acetate (ASIA-PACIFIC)

Weekly price assessments:

EVA with VA content 14-20% Spot Prices:

• CFR S.E.ASIA (USD/MT & conversion to US CTS/LB)
• CFR China Main Port (USD/MT & conversion to US CTS/LB)
• CFR W. ASIA (USD/MT & conversion to US CTS/LB)

EVA with VA content 22-30% Spot Prices:

• CFR S.E.ASIA (USD/MT & conversion to US CTS/LB)
• CFR N.E. ASIA  (USD/MT & conversion to US CTS/LB)
• CFR W. ASIA (USD/MT & conversion to US CTS/LB)

EVA Feedstocks

• ETHYLENE CFR N.E. ASIA Spot Price (USD/MT & conversion to US CTS/LB)
• VINYL ACETATE MONOMER CFR N.E. ASIA Spot Price (USD/MT & conversion to US CTS/LB)

General Information:

Assessment window: Price assessments are based on information supplied by market participants through the week up to close of business on Tuesdays at 1800 hours in Singapore.

Specifications: ICIS pricing quotes EVA for 14-20% VA content and 22-30% VA content.

Timing: Cargoes loading or delivered two-four weeks forward from the date of publication.

Terms: 30-60 days after bill of lading date.

Standard cargo size: Parcels are usually sold in cargoes of between 100-300 tonne lots.

Assessment basis: The ICIS pricing EVA report examines trade flows to China, southeast Asia and west Asia (mainly India). While business to southeast Asia and India is covered comprehensively, the report focusses mainly on China as this represents the main market for EVA. The CFR China Main Port quote indicates current prices of imported material bound for the Chinese sector. Material can originate from northeast Asia (mainly Taiwan and Korea) or southeast Asia (mainly Singapore), while product emanating from Europe and the US will also be taken into consideration. Two separate sets of CFR quotes are categorised into high and low VA content grades of 14-20% and 22-30% for each region.

ICIS pricing EVA assessments are derived from details of completed business reported during this period. In the absence of concluded business, the range would be assessed on a combination of price indicators including the last-detected transactions, firm bids and offers, buy and sell indications as well as notional discussions.

The report offers market commentary that includes details of traced transactions, news on the supply/demand balance, export/import information, contract price negotiations and general sentiment for price direction. Where applicable there is product information, comments on up and downstream market developments and general market intelligence.

 

 

 

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