Asia EVA yet to see bottom as sellers outnumber buyers amid weak demand

摘要

SINGAPORE (ICIS)-Asia's ethylene vinyl acetate (EVA) prevailing weak demand due to the coronavirus pandemic - coupled with suppliers' sales pressure - is expected to continue weighing in on the sentiment for June shipment cargoes. Suppliers plan to continue offering volume discounts for first half of June deliveries, as netbacks from EVA remains attractive and as most producers expect to face inventory pressure.