Ethyl Vinyl Alcohol Copolymer Prices, Pricing, Demand & Supply
North America The North American market for Ethyl Vinyl Alcohol Copolymer (EVOH) witnessed a bearish to stable trend in the fourth quarter of 2023. The price of EVOH decreased by almost 4% in Q4, 2023, compared to the previous quarter. Initially, the demand for EVOH remained low to moderate for the food packaging purposes due to moderate orders for packaged food amid an increase in food inflation in the region. Additionally, the shift in buyers’ interest towards recyclable materials and reductions in the use of petrochemical based Ethyl Vinyl Alcohol Copolymer Prices for food packaging negatively impacted the offtakes. During the mid-quarter, the demand improved slightly from the buyers during due to increased orders for packaged food during the Thanksgiving Holiday. Meanwhile, the cost support declined from the feedstock Ethylene amid a reduction in the upstream Naphtha and Crude Oil prices after the resumed refinery operations and increased refining capacity in the region....