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EVA stands for Ethylene vinyl acetate copolymer, which is a special type of plastic. Production of it goes into many products — packaging materials, shoes, roofing. EVA is widely used as it has insusceptible characteristics that are hugely useful. The price of EVA varies significantly and thus it is essential to know what leads to such price variations when you wish to invest in its buying.
Materials: The two major ingredients that make EVA, are ethylene and vinyl acetate. The price of EVA will vary if the prices of these materials vary. For instance, if the cost of ethylene increases, EVA production will be more expensive, which will also increase the price of EVA you pay. Therefore, when raw material prices increase, EVA prices will go up, too.
EVA Price Dependent on Production Processes: The EVA low price depends upon the way by which it is made. Using cost-effective raw materials and process state of the art can decrease total cost to manufacture EVA. However, there are several problems in the manufacturing process that can unintentionally increase the price, or using lower grades of materials. Hence, they are equally important to the efficiency and quality of the production process.
Another thing is the market demand for EVA. EVA price is largely driven by demand. The price of EVA tends to increase whenever demand increases (when lots of individuals or businesses want to purchase EVA). On the flip-side, if there are less people who want EVA, the price can decrease. This supply and demand cycle plays an incredibly integral role in the market.
