[pmma daily review] pmma particle market dominated by wait-and-see attitude

1 Today's Summary

①、 Today's PMMA particle market remains stable.

②、 The utilization rate of PMMA particles in the domestic market remains at 64% today.

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/ton Stabilized compared to the previous working day, in line with morning expectations. 。 The domestic PMMA market is characterized by a cautious trading atmosphere due to constraints from end-user demand and the decline in raw material MMA prices. Stockholders are following the pace of factories in their operations, with transactions largely maintaining the status of small orders based on immediate needs. While there is little intention to sell at low prices in the market, high prices are also difficult to achieve in volume, resulting in a stalemate in market trends.

3 Production Dynamics

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

4 Price Forecasting

The support from raw material costs is insufficient, and terminal demand continues to weaken, making it difficult for market transactions to turn around. Holders remain on the sidelines, and under risk-averse sentiment, they mainly purchase based on order volumes. The PMMA market is expected to show a slight downward trend tomorrow. Attention should be paid to other factors affecting the market and the sentiment of industry participants.

5 Related product information

MMA Market: The MMA in the East China region closed at 9,450 RMB/ton today, down 100 RMB/ton from yesterday, in line with the morning forecast. Today's Domestic NewsMMA marketNarrow fluctuation with a slightly weak trend. Recently, inquiries have been quiet, and at the beginning of the week, some factory quotes were lowered, leading to more flexible offers from holders. However, due to limited procurement strength from end-users in the spot market, actual transactions are generally moderate.

6 "Data Calendar"

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