Ethyl Vinyl Alcohol Copolymer (EVOH) prices in Japan declined in May xxxx driven by persistent sluggish demand from China, a significant global player in the EVOH market. Despite a temporary easing of US-China trade tensions, demand for EVOH from the downstream packaging and automotive sectors remained subdued due to ongoing tariff uncertainties. While no logistical disruptions were reported, a decline in feedstock Vinyl Acetate Monomer (VAM) prices reduced production costs for EVOH.
Key Takeaways:
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EVOH prices declined by xx in May due to lower feedstock VAM prices.
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VAM plants were shut down for maintenance over Japan&#xx;s Golden Week.
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Demand from the downstream packaging and automotive sector was low despite US-China temporary trade relief.
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As per Trade Statistics of China, exports of EVOH have declined by x.xx from March to April xxxx.
According to ChemAnalyst, EVOH prices in Japan are foreseen to decline...
