Strong demand likely to trigger upward EVA price movement in Indian market – 26 Jun 2014

The prevailing demand for the EVA material is strong in Indian markets. Traders expect further strengthening of the demand in the near future, that also is likely to trigger upward traversal of the price. Moreover, rising price of the key feedstock--Vinyl Acetate--also triggers apprehension of EVA price moving northwards. 
 

A trader in Ludhiana market told the website, " Demand for the polymer material is strong and  stocks are available to cater to the prevailing demand ." He was selling EVA, of Hanwha Chemical Corporation, at around Rs143-144 a kg.
 

A trader in Delhi market reveals the similar market trend regarding the polymer material. He was selling EVA, of Hanwha Chemical Corporation, at around Rs138 a kg.