European Ethyl Vinyl Alcohol Copolymer (EVOH) Prices in Belgium are expected to decline in November xxxx followed by unchanged market dynamics with a bearish trading atmosphere. The prices are set to further decline at the end of the fourth quarter.
The European EVOH market is poised for a period of price weakness, with November xxxx expected to mark the onset of a downward trend driven by subdued demand from the downstream packaging sector and ample supply due to decreasing feedstock Ethyl Vinyl Acetate costs. Demand for EVOH has been sluggish throughout the fourth quarter of xxxx, primarily due to economic uncertainties that have dampened manufacturing activity. This is particularly evident in industries reliant on packaging and food preservation, where EVOH is a critical component. Despite this, demand has remained at a sustained level, though at a lower intensity. The relatively small number of players...
