[pmma daily review] pmma particle market running stably

1 Today's Summary

①、 PMMA particles today Price stability 。

②、 Today, the domestic PMMA particle utilization rate is 61%.

2 Spot Market Overview

Based on East China, PMMA particles closed at 12000 today. Yuan/ton Stable compared to the previous business day, in line with morning expectations. Today's domestic PMMA particles Stable operation. Raw material MMA remains firm, and cost-side support still exists. Businesses are under pressure and feeling stressed. Holders of goods quote prices in line with market trends, and downstream enterprises will continue to... Continued demand primarily driven by essential needs, limited release of actual transaction volume, and prices leaning towards the lower end.

3 Production Dynamics

PMMA particle capacity utilization rate is at 61%, unchanged from the previous month.

4. Price Prediction

Stalemate in raw material negotiations, weak cost-side support, strong bearish sentiment downstream, and holders mainly maintaining stable prices. Offer based on your respective inventory levels. Pay attention to low prices in the market. Short-term PMMA particle range consolidation.

5. Related Products

Based on East China, MMA closed at RMB 9350/ton today, flat compared to the previous working day, in line with earlier expectations. The domestic MMA market in China remains stable. Trading is characterized by a bargaining game between buyers and sellers. Holders are maintaining stable prices, while downstream purchasing interest is weak, with buyers adopting a "buy as needed" approach. Actual transaction volume is limited.

6. Data calendar

Table 2. Overview of Domestic PMMA Particle Data (Unit: 10,000 tons)