For the Quarter Ending December 2025
North America
• In USA, the Ethylene Vinyl Acetate Price Index rose by 2.49% quarter-over-quarter, supported by packaging.
• The average Ethylene Vinyl Acetate price for the quarter was approximately USD 1865.67/MT, reflecting stability.
• Ethylene Vinyl Acetate Spot Price remained range-bound as the Price Index reflected balanced domestic supply.
• Ethylene Vinyl Acetate Price Forecast expects modest gains offset by inventory overhang and cautious buyers.
• Ethylene Vinyl Acetate Production Cost Trend showed minimal change; ethylene and VAM costs remained subdued.
• Ethylene Vinyl Acetate Demand Outlook remains mixed, with packaging and infrastructure supporting demand; footwear weak.
• Ethylene Vinyl Acetate Price Index was influenced by export flows and Gulf Coast inventory shifts.
• Producers operated at Gulf Coast rates; inventories remained comfortable, constraining spot offers and limiting upside.
Why did the price of Ethylene Vinyl Acetate change in December 2025 in North America?
• Balanced domestic production and comfortable inventories met muted demand, preventing significant December price movement overall.
• Stable ethylene and VAM feedstock costs limited production cost escalation and muted margin-driven upward pressure.
• Steady freight rates and no Gulf Coast disruptions maintained supply chains, keeping offers largely unchanged.
APAC
• In Indonesia, the Ethylene Vinyl Acetate Price Index rose by 3.23% quarter-over-quarter, driven by imports.
• The average Ethylene Vinyl Acetate price for the quarter was approximately USD 1385.00/MT, reflecting limited buying.
• Ethylene Vinyl Acetate Spot Price stayed range-bound December, with the Price Index showing muted volatility.
• Ethylene Vinyl Acetate Price Forecast indicates limited near-term movement absent material feedstock or logistics changes.
• Ethylene Vinyl Acetate Production Cost Trend remained subdued as ethylene softened and VAM costs rose.
• Ethylene Vinyl Acetate Demand Outlook is moderate as footwear and cable sectors limit procurement selectively.
• Elevated inventories and steady imports kept the Ethylene Vinyl Acetate Price Index anchored near averages.
• Competitive regional offers pressured import offers, constraining Ethylene Vinyl Acetate Spot Price despite exporter rates.
Why did the price of Ethylene Vinyl Acetate change in December 2025 in APAC?
• Balanced regional supply from Northeast Asian exporters and steady shipments reduced upward price pressure in December.
• Feedstock movements plateaued after naphtha correction, leaving production cost trends neutral for domestic import parity.
• Elevated distributor inventories and cautious buyer procurement limited spot activity, offsetting any marginal exporter offer changes.
Europe
• In Germany, the Ethylene Vinyl Acetate Price Index fell by 1.41% quarter-over-quarter, reflecting import competition.
• The average Ethylene Vinyl Acetate price for the quarter was approximately USD 1840.33/MT, per compiled regional data.
• Elevated inventories suppressed Ethylene Vinyl Acetate Spot Price movements, keeping the Price Index range-bound and sellers discounted.
• The Ethylene Vinyl Acetate Price Forecast shows modest downside near term, reflecting surplus supply and subdued procurement.
• Upstream feedstock easing altered the Ethylene Vinyl Acetate Production Cost Trend, limiting upward pressure on the Price Index.
• Weak end-use activity shaped the Ethylene Vinyl Acetate Demand Outlook, keeping buying cautious and volumes constrained.
• Strong import offers and elevated stocks pressured domestic Price Index readings, prompting merchants to accelerate inventory reductions.
• Routine plant operations in Oberhausen, Ludwigshafen, and Wesseling upheld supply, constraining any positive Ethylene Vinyl Acetate Price momentum.
Why did the price of Ethylene Vinyl Acetate change in December 2025 in Europe?
• Import-led FOB competition lowered spot bids, enlarging seller-buyer bargaining power shift and pressuring values materially.
• Elevated inventories and steady imports maintained surplus availability, reducing urgency for buyers to replenish stocks.
• Feedstock and energy costs paused, minimizing pass-through, while port congestion and logistics imparted short-term disruption.
MEA
• In Saudi Arabia, Ethylene Vinyl Acetate Price Index rose by 3.6% quarter-over-quarter, supported by exports.
• The average Ethylene Vinyl Acetate price for the quarter was USD 1219.67/MT on FOB basis.
• Ethylene Vinyl Acetate Spot Price remained range-bound with balanced inventories, muted demand, and steady run-rates.
• Ethylene Vinyl Acetate Price Forecast indicates modest downside as capacity additions meet subdued export-demand.
• Ethylene Vinyl Acetate Production Cost Trend: higher VAM and energy costs, partly offset by ethane.
• Ethylene Vinyl Acetate Demand Outlook cautious with solar pockets offsetting weak footwear and adhesive-demand.
• Ethylene Vinyl Acetate Price Index remained stable; Dec weakness reflected Sipchem expansion and softer exports.
• Inventory accumulation and steady imports constrained upside, while RedSea logistical risks supported freight premiums.
Why did the price of Ethylene Vinyl Acetate change in Dec 2025 in MEA?
• Increased domestic capacity and steady imports elevated supply, diluting seller leverage and pressuring FOB offers.
• Higher VAM and energy costs offered cost support, but ethane economics and subsidies limited pass-through.
• Weak external demand and elevated inventories reduced export-liftings, while security risks increased freight costs.
South America
• In Brazil, the Ethylene Vinyl Acetate Price Index rose by 2.67% quarter-over-quarter, driven by footwear and solar demand.
• The average Ethylene Vinyl Acetate price for the quarter was approximately USD 2003.00/MT, reported by regional distributors.
• Ethylene Vinyl Acetate Spot Price remained range-bound amid steady imports, balanced inventories, and muted domestic converter buying.
• Ethylene Vinyl Acetate Price Forecast suggests modest volatility with seasonal restocking, limited upside from abundant port inventories.
• Ethylene Vinyl Acetate Production Cost Trend showed manageable pressure as ethylene eased and VAM costs stayed stable.
• Ethylene Vinyl Acetate Demand Outlook remains subdued in footwear and adhesives, while solar provides intermittent Price Index support.
• Ethylene Vinyl Acetate Price Index strength reflected tight prompt cargoes and restocking by Brazilian importers late quarter.
• Elevated warehouse inventories and improved freight may cap near-term gains, according to regional Price Forecast commentary.
Why did the price of Ethylene Vinyl Acetate change in December 2025 in South America?
• Steady US and Asian vessel arrivals replenished stocks, easing urgency and limiting immediate upward price pressure.
• Ethylene cost decline moderated input cost inflation, while VAM stability prevented pronounced production cost-driven increases.
• Elevated distributor inventories and modest converter procurement curtailed spot buying, keeping Price Index movements subdued.
For the Quarter Ending September 2025
North America
• In the USA, the Ethylene Vinyl Acetate Price Index rose by 5.3% quarter-over-quarter, reflecting tighter supply conditions.
• The average Ethylene Vinyl Acetate price for the quarter was approximately USD 1820.33/MT during Q3.
• Ethylene Vinyl Acetate Spot Price remained range-bound as disciplined seller offers countered subdued domestic and export demand.
• Ethylene Vinyl Acetate Price Index gained modestly amid firmer ethylene costs and selective export opportunities strengthening offers.
• Ethylene Vinyl Acetate Production Cost Trend showed upward pressure from ethylene and VAM, pressuring seller margin recovery slightly.
• Ethylene Vinyl Acetate Demand Outlook stayed muted across footwear, solar, and packaging, limiting broader sustained price momentum.
• Ethylene Vinyl Acetate Price Forecast suggests short-term range-bound movement, with potential firmness if restocking and exports increase.
Why did the price of Ethylene Vinyl Acetate change in September 2025 in North America?
• Sustained plant operations and postponed maintenance elevated domestic inventories, exerting downward pressure on spot prices.
• Falling ethylene costs reduced producer urgency, compressing margins despite intermittent export pockets periodically supporting offers.
• Asian supply tightening and selective exports supported pockets of firmness while downstream demand remained muted.
APAC
• In Indonesia, the Ethylene Vinyl Acetate Price Index rose by 2.57% quarter-over-quarter, reflecting firmer feedstock.
• The average Ethylene Vinyl Acetate price for the quarter was approximately USD 1341.67/MT per CFR Sorong assessments.
• Ethylene Vinyl Acetate Spot Price stayed rangebound as steady imports and converter inventories contained price volatility.
• Ethylene Vinyl Acetate Price Forecast expects modest seasonal support tempered by elevated port inventories and import competition.
• Ethylene Vinyl Acetate Production Cost Trend mixed; firmer ethylene partly offset softer vinyl acetate, constraining margin expansion.
• Ethylene Vinyl Acetate Demand Outlook improved slightly with photovoltaic and footwear restocking, yet converters remained cautious.
• Ethylene Vinyl Acetate Price Index modestly firmed as supplier offers tightened and spot allotments became scarcer.
Why did the price of Ethylene Vinyl Acetate change in September 2025 in APAC?
• Resumed operating rates in Korea and Taiwan increased exports, tightening available spot cargoes to Indonesia.
• Mixed feedstock movements with firmer ethylene and softer VAM generated net upward import parity cost pressure.
• Seasonal photovoltaic and footwear restocking supported demand while port surcharges and vessel waits elevated landed costs.
Europe
• In Germany, the Ethylene Vinyl Acetate Price Index fell by 0.85% quarter-over-quarter, owing to ample supply.
• The average Ethylene Vinyl Acetate price for the quarter was approximately USD 1866.67/MT per Hamburg report.
• Ethylene Vinyl Acetate Spot Price remained range-bound, as distributors cleared inventories and exporters competed on aggressive offers.
• Ethylene Vinyl Acetate Price Forecast indicates modest upside from planned maintenance and seasonal restocking later.
• Ethylene Vinyl Acetate Production Cost Trend muted as ethylene and VAM costs stayed mostly stable.
• Ethylene Vinyl Acetate Demand Outlook weak for agricultural films, while solar and packaging provide baseline offtake.
• Elevated inventories and restrained export demand kept the Price Index subdued despite isolated plant outages.
• Major producers ran steadily after restarts, supporting availability and keeping Ethylene Vinyl Acetate pricing range-bound.
Why did the price of Ethylene Vinyl Acetate change in September 2025 in Europe?
• Ample supply from restarted units and steady imports offset weaker domestic demand, preventing price appreciation.
• Soft agricultural and footwear demand, driven by seasonal slowdown and heatwave forecasts, reduced immediate buyer activity.
• Stable upstream ethylene and VAM costs mitigated producer cost pressure, limiting significant upward movement in September.
MEA
• In Saudi Arabia, the Ethylene Vinyl Acetate Price Index fell by 0.90% quarter-over-quarter, balanced supply.
• The average Ethylene Vinyl Acetate price for the quarter was approximately USD 1177.33/MT nationwide only.
• Ethylene Vinyl Acetate Spot Price stable despite Ethylene Vinyl Acetate Production Cost Trend showing mixed ethylene, VAM.
• Ethylene Vinyl Acetate Price Forecast indicates range-bound near-term movement as Price Index faces balanced supply.
• Ethylene Vinyl Acetate Demand Outlook points to modest photovoltaic and foam sector recovery, tempered by inventories.
• Ethylene Vinyl Acetate Price Index firmed late as domestic plant restarts supported export shipments and availability tightened.
• Competitive Southeast Asian offers and freight changes constrained upside despite positive Ethylene Vinyl Acetate Price Forecast signals.
• Jubail and Yanbu operating rates near ninety percent reduced spot availability, supporting stability in the Price Index.
Why did the price of Ethylene Vinyl Acetate change in September 2025 in MEA?
• Domestic production restarted above eighty percent capacity, increasing supply and pressuring the spot Ethylene Vinyl Acetate Price Index.
• Modest photovoltaic and foam demand improved offtake, but elevated inventories and cautious buyers limited sustained Ethylene Vinyl Acetate momentum.
• Mixed feedstock trends, with ethylene rising and VAM falling, plus freight and export netback shifts, influenced pricing.
South America
• In Brazil, the Ethylene Vinyl Acetate Price Index rose by 4.76% quarter-over-quarter, supported by tighter U.S. exports.
• The average Ethylene Vinyl Acetate price for the quarter was approximately USD 1951/MT, reflecting steady importer procurement.
• Ethylene Vinyl Acetate Spot Price remained firm; Santos port congestion and spot cargoes supported landed offers.
• Ethylene Vinyl Acetate Price Forecast anticipates modest oscillations amid balanced imports, elevated inventories, and selective restocking.
• Ethylene Vinyl Acetate Production Cost Trend remained flat, keeping the local Price Index supported but lacking sharp upward pressure.
• Ethylene Vinyl Acetate Demand Outlook is constructive for solar and footwear, underpinning steady offtake and measured importer purchasing.
• Export dynamics and U.S. allocations influenced the Ethylene Vinyl Acetate Price Index, tightening offers and prompting selective restocking.
Why did the price of Ethylene Vinyl Acetate change in September 2025 in South America?
• Tighter U.S. export allocations reduced available spot cargoes, lifting landed offers into Brazil, supporting prices.
• Persistent Santos port congestion increased dwell times and handling costs, elevating landed import parity levels.
• Steady downstream procurement from solar, footwear, and packaging maintained demand, limiting downward pressure on quotations.
For the Quarter Ending June 2025
North America
• Price Index for Ethylene Vinyl Acetate (EVA) FOB Houston showed limited activity in Q2 2025 that came to an end at the USD 1875/MT mark, which is lower than levels in early April.
• What happened to pricing for Ethylene Vinyl Acetate (EVA) in July 2025?
• The pricing softened a little due to soft demand in downstream segments (packaging and footwear) and reasonably balanced domestic inventories.
• Demand across the construction and automotive sectors remained flat, limiting upward price pressure.
• There were no major logistics bottlenecks; however, some freight normalization from earlier Q1 spikes supported lower costs to terminals.
• Ethylene Vinyl Acetate (EVA) Spot Price remained rangebound, reflecting subdued market sentiment and high buyer price sensitivity.
• Ethylene Vinyl Acetate (EVA) Demand Outlook for Q3 is cautious, with seasonal dips in footwear manufacturing and lackluster converter demand.
• Ethylene Vinyl Acetate (EVA) Production Cost Trend remained largely stable, with ethylene feedstock prices plateauing in the Gulf Coast.
• Price Forecast: Mild bearish sentiment may continue into Q3, unless seasonal construction activity boosts uptake in polymer-modified materials.
Europe
• Price Index for Ethylene Vinyl Acetate (EVA) DDP Genoa dropped by 1.9% in Q2 2025, settling around USD 2060/MT by late July.
• Why did the price of Ethylene Vinyl Acetate (EVA) change in July 2025?
Prices declined as inventory overhang persisted in Southern Europe and industrial demand in Germany and Italy weakened.
• Regulatory stability under EU REACH did not offer any cost relief, and converters slowed new orders amid excess stock.
• The Ethylene Vinyl Acetate (EVA) Spot Price declined further as traders sought to offload volumes ahead of Q3.
• Ethylene Vinyl Acetate (EVA) Production Cost Trend remained moderately pressured by stable feedstock ethylene and acetic acid prices.
• Demand from wire & cable, as well as footwear production, saw muted recovery signs.
• Ethylene Vinyl Acetate (EVA) Demand Outlook for Q3 is mixed—seasonal demand from packaging may offer temporary relief, but structural weakness remains.
• Price Forecast: Flat to slightly bullish if industrial restocking resumes by late Q3; otherwise, prices may stay under pressure.
APAC
• The Price Index for Ethylene Vinyl Acetate (EVA) FOB Bangkok dipped by 2.1% in Q2 2025, ending July around USD 1785/MT.
• Why did the price of Ethylene Vinyl Acetate (EVA) change in July 2025?
• July's decrease stemmed from slower offtake from Indian and Vietnamese buyers, combined with rising local inventories and aggressive price competition.
• China-origin EVA continued to pressure Thai exporters with low-cost offers, eroding margin competitiveness.
• The Ethylene Vinyl Acetate (EVA) Spot Price trended lower as buyers delayed bulk orders awaiting further discounts.
• Ethylene Vinyl Acetate (EVA) Demand Outlook remains weak in Q3 due to continued caution in the footwear and solar encapsulation segments.
• Ethylene Vinyl Acetate (EVA) Production Cost Trend has been flat, with ethylene prices holding stable in SE Asia; however, converters reported thin margins.
• Thai producers maintained high run rates to leverage export volumes despite margin compression.
• Price Forecast: Sentiment for Q3 is bearish, unless export demand from South Asia or Africa rebounds significantly.
MEA
• The Price Index for Ethylene Vinyl Acetate (EVA) FOB Al Jubail remained broadly stable in Q2 2025, hovering around USD 1845/MT, with a slight dip of 0.5% into July.
• Why did the price of Ethylene Vinyl Acetate (EVA) change in July 2025?
July softness was due to limited export opportunities and steady local production, creating mild oversupply.
• Regional producers continued stable operations, but buyers in Egypt and East Africa reduced intake amid currency headwinds.
• Ethylene Vinyl Acetate (EVA) Spot Price reflected tight negotiation windows, with discounts being offered for bulk lifts.
• Ethylene Vinyl Acetate (EVA) Demand Outlook for Q3 remains lukewarm as summer heat and Ramadan-period production slowdowns dampen regional consumption.
• Ethylene Vinyl Acetate (EVA) Production Cost Trend held steady with unchanged ethylene feedstock rates; however, profitability remains under pressure due to export price erosion.
• Export freight to South Asia remained affordable but did not offset weaker demand.
• Price Forecast: Flat to slightly bearish outlook unless demand from East Africa or Pakistan resumes significantly.
For the Quarter Ending March 2025
North America
The quarterly price trend for Ethylene Vinyl Acetate (EVA) in North America for Q1 2025 showed an initial incline followed by stability in the latter part of the quarter. Early in the quarter, prices witnessed a slight increase, driven by reduced supplies and low production levels, despite weak export demand.
The market remained under pressure due to global oversupply and competition from lower-cost Asian and Middle Eastern suppliers. This minor upward price movement was short-lived, as conditions stabilized in the following two months. The market experienced steady conditions as production rates remained consistent, and the logistical challenges that had previously affected trade began to ease.
However, export demand continued to remain weak, with international buyers opting for more competitively priced alternatives. Domestic demand remained relatively stable, driven by the packaging and footwear sectors, while the solar industry faced slower growth due to seasonal factors. Despite challenges such as potential tariff impacts and weak export conditions, the EVA market in North America remained balanced through the last two months of the quarter, with no significant fluctuations in prices.
South America
The quarterly price trend for Ethylene Vinyl Acetate (EVA) in South America for Q1 2025 exhibited a mixed trend, with prices remaining mostly stable but experiencing minor fluctuations due to various market factors. In January, prices were steady, supported by consistent U.S. imports, stable Vinyl Acetate Monomer (VAM) prices, and adequate stock management. Despite some challenges like logistical delays from weather disruptions and the year-end holiday season, supply levels remained balanced, preventing any major supply chain disruptions. As the quarter advanced, the global EVA market faced persistent oversupply issues, which led to weaker demand in South America. Brazilian buyers increasingly favored Asian and Middle Eastern suppliers, who offered more competitive prices, which limited any significant price increases. U.S. manufacturers, operating swing plants capable of producing both EVA and low-density polyethylene (LDPE), adjusted production rates based on market demands. This flexibility contributed to the subdued market activity. Despite the ongoing challenges, there was optimism within the industry, especially as supply chain issues, including port and packaging delays, were expected to ease. The solar sector, which remains a significant driver of EVA demand, continued to offer stability amidst weaker demand in other end-user markets.
APAC
In Q1 2025, the Ethylene Vinyl Acetate (EVA) market in the APAC region, particularly China, witnessed an inclining trend in prices, primarily driven by strong cost support and gradual recovery in demand post-Spring Festival. The quarter began with a modest rise in EVA prices, supported by stable ethylene costs and a slight increase in vinyl acetate prices. As January progressed, production activity increased with EVA plant operating rates reaching around 80%, exerting some supply-side pressure. However, downstream sectors like foam and solar panel manufacturing provided demand stability, aided by pre-holiday stocking. In February, as production resumed post-holiday, the market saw stronger price growth due to heightened output and firmer raw material costs. The photovoltaic sector continued to offer steady demand, while the foam industry contributed additional support.
Moving into March, EVA prices remained firm, bolstered by rising vinyl acetate prices and persistent cost pressure. Although foam sector demand weakened slightly towards the end of the quarter, stable procurement from the solar segment helped uphold market sentiment. Overall, Q1 reflected a firming price environment supported by robust upstream costs and seasonal demand dynamics.
Europe
During Q1 2025, the price trend of Ethylene Vinyl Acetate (EVA) in Europe followed a broadly stable trajectory, showing limited fluctuations throughout the quarter. Despite some initial upward movement driven by brief supply constraints in mid-January, prices quickly returned to a steady pattern as production normalized and demand remained weak. The overall sentiment in the EVA market was subdued, heavily influenced by poor downstream demand, particularly from the solar sector, which continued to struggle with overcapacity, falling panel prices, and weakening customer interest. The market was largely driven by contracted volumes, with minimal activity in the spot market due to cautious buying behavior. Supply levels remained adequate across the region, with producers maintaining consistent output despite subdued consumption. Even occasional production disruptions did not lead to shortages, as inventories were sufficient to meet existing demand. Additionally, the broader European economic recovery, although present in the form of rising manufacturing output, did not translate into stronger EVA demand.
Overall, the EVA market in Europe during Q1 2025 was characterized by stagnant demand, stable supply, and flat pricing.
MEA
In Q1 2025, Ethylene Vinyl Acetate (EVA) prices in the MEA region experienced an overall stable trend, with a slight incline observed in the latter part of the quarter. Throughout January, the market showed balanced dynamics, driven by stable production levels and steady raw material prices. The manufacturing of EVA increased marginally, which resulted in slight pressure on supply, although the market remained relatively calm. Demand during this period was mostly driven by pre-holiday stocking in downstream industries like foam manufacturing, although cost sensitivity among buyers remained a significant factor, limiting the uptake of higher-priced products. As the quarter progressed into February and March, post-holiday production ramped up, leading to increased supply. While upstream ethylene prices remained stable, vinyl acetate saw minor increases, contributing to sustained EVA production costs. Demand from key sectors like solar panel manufacturing and foam production provided steady support, though resistance to higher-priced EVA products continued.
Overall, the quarter ended with stable pricing, supported by steady raw material costs and consistent demand from essential industries.
