1、Today's Summary

①、Factory quotations remained stable today.

②、The utilization rate of domestic PMMA pellets was 59% today.

2、Spot Overview

Based on the East China region, PMMA pellets closed at 17,200 yuan/ton today, unchanged from yesterday, in line with the morning expectations. The market atmosphere for PMMA pellets was light today, with stable prices. Holders were selling normally, and the quotation mentality was stable. Trading was slightly stagnant, with overall market transactions being average. In the short term, the market is in a phase of observation.

3、Production Dynamics

The capacity utilization rate of PMMA pellets was 59%, unchanged from the previous period. Factory operations are currently stable.

4、Price Forecast

In the short term, the PMMA pellet market will mainly remain stable. Sellers have a clear intention to maintain prices, operating according to market conditions, with very limited room for adjustment. End-users continue to purchase based on rigid demand, adopting a wait-and-see attitude, making it difficult for transactions to increase significantly. In summary, the fundamentals are stable, with neither upward nor downward pressure, and the game pattern will continue. It is expected that the price of PMMA pellets will remain stable in the short term, with attention to changes in news.

5、Related Product Situation

MMA Market: Based on the East China region, MMA closed at 10,975 yuan/ton today, down 50 yuan/ton from the previous working day, below the morning expectation. In the domestic market, the MMA market was mainly consolidating today, with a stable quotation mentality and limited fluctuations. There were fewer low-price operations in the trading market, and the market has entered a phase of observation. Actual transactions were mainly small orders. In the short term, the market will focus on factory operation dynamics and transaction situations.

6、Data Calendar