[PMMA Daily Review] PMMA Market Sees Sluggish Trading

1 Today's Summary

①、 The PMMA particle market remains stable today.

②、 Today's domestic PMMA particle utilization rate remains at 64%.

2 Spot Overview

Table 1 Summary of Domestic PMMA Particle Prices (Unit: Yuan/Ton)

Based on the East China region, today's PMMA particles closed at 13,000. Yuan/tonStable compared to the previous working day, in line with morning expectations. 。 Now Day Domestic PMMA particles The market continues to consolidate. The price of raw material MMA stabilized within the day, but the negotiation atmosphere was dull, with holders mainly focusing on price adjustments. Downstream buyers were observing market trends, mostly participating in inquiries based on just-in-time needs, resulting in fluctuating trading focus within a range in the market.

3 Production dynamics

The capacity utilization rate of PMMA particles is at 64%, with no change month-on-month. The status of the factory equipment remains stable for the time being.

4 Price Forecast

The focus of MMA raw material negotiations has tended to stabilize today, and its boosting effect on the PMMA industry is still present. In the short term, the PMMA pellet market... Stabilizing measures are in place, with supply-side quotations following the market, while downstream bidding is sluggish and there is little negotiation in the market. In the short term, some production companies may continue to maintain high prices, but downstream follow-up is limited, and the focus of actual transactions in the market is mainly on fluctuations.

5 Related product information

MMA Market: Based on the East China region, today's MMA closed at 9,650 yuan/ton, unchanged from yesterday, in line with the morning expectations. Today's Domestic NewsMMA marketThe prices remain stable mainly because the downstream had already restocked appropriately earlier. Currently, there is insufficient enthusiasm for spot procurement, the inquiry atmosphere is dull, and there is no significant increase in actual transactions, with small orders prevailing.

6 Data Calendar

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