[PMMA Daily Review] PMMA Market Operates Steadily Amid Weak Demand

1 Today's Summary

①、 The PMMA particle market remains stable today.

②、 Today, the domestic utilization rate of PMMA particles remains at 64%.

2 Spot Overview

Based on the East China region, today's PMMA particles closed at 13,000. Yuan/ton,Stable compared to the previous working day, in line with morning expectations. 。 IntradayThe raw material MMA has seen a slight increase, but the cost support is limited. The enthusiasm for inquiries from downstream remains low, and the trading atmosphere has not improved. Sellers are quoting prices along with the market, and market participants hold a strong wait-and-see attitude. Actual transaction prices fluctuate and consolidate within a range, with low prices occasionally heard on the floor. 。

3 Production Updates

The capacity utilization rate of PMMA particles is at 64%, with no change from the previous period. The factory equipment operation remains stable for the time being.

4 Price prediction

The follow-up strength of raw material prices is limited, and the market mainly maintains a stalemate and cautious wait-and-see attitude. Downstream end-users only maintain rigid demand purchasing. The current market price is close to the bottom price, so I am holding the goods. Lack of intention for low business report ， The on-site actual transaction for rigid demand is being carried out. In the short term, the downward range of PMMA is narrowing.

5 Related product information

MMA Market: Based on the East China region, today's MMA closed at 9,425 yuan/ton, up 75 yuan/ton from yesterday, exceeding this morning's expectations. Today in ChinaMMA MarketPrices are rising, shipments are delayed, and with some installations in East China under maintenance, factory quotations are being raised, causing the trade market to rise accordingly. Downstream buyers are cautiously following suit.

6 Data Calendar

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