[PMMA Daily Review] PMMA Pellet Light Operation

1 Today's Summary

①、 Today's PMMA particles MarketPrice stability 。

②、 Today, the domestic utilization rate of PMMA particles remains at 60%.

2 Spot Overview

As a benchmark for the East China region, today's PMMA particles closed at 13,600. yuan/tonStable compared to the previous working day, in line with the morning expectations. 。 The price of raw material MMA has slightly weakened, with market participants holding a bearish outlook for the future. Offers have little fluctuation, while downstream factories show low purchasing interest, mostly adopting a wait-and-see attitude. With the supply and demand sides in a standoff, the market has stalled, and real transaction activity is relatively low.

3 Production Dynamics

The production capacity utilization rate of PMMA particles is 60%, with a month-on-month change of 0%. The factory equipment is currently stable.

4 Price prediction

The price of raw material MMA has decreased, and sellers are mainly maintaining stable quotes, with actual transactions focusing on negotiations. Downstream factories are maintaining essential purchases, and the volume of transactions is limited. It is expected that the market will continue to show a stalemate and consolidation in the short term.

5 Relevant product information

Based on the East China region, today's MMA closed at 9,825 yuan/ton, a slight decline compared to the previous working day, which aligns with the morning's expectations. Today, the domestic MMA market saw a narrow decline. Holders are mainly focused on selling, with some offering slight concessions. Terminal buyers have a general sentiment of low enthusiasm, primarily consuming raw material inventories, with most transactions being negotiated on a case-by-case basis.

6 Data Calendar

Table 2 Overview of Domestic PMMA Particle Data (Unit: Ten Thousand Tons)