- Global EVA markets showed mixed Q2 2026 trends, with Asia facing oversupply while Europe and North America experienced stronger cost pressure.
- Feedstock conditions shifted during the quarter, as ethylene and vinyl acetate monomer costs supported prices in Western markets but weakened later.
- Downstream demand remained supported by solar applications, with U.S. solar capacity additions reaching 4.453 GW in Q1 2026, up 19.5% year over year.
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.