1、Today's Summary

①、Factory quotes remained stable today.

②、The utilization rate of domestic PMMA particles is 59% today.

2、Spot Overview

Based on the East China region, PMMA particles closed at 17,200 yuan/ton today, unchanged from yesterday, in line with early expectations. The market for PMMA particles is consolidating, with supply and demand remaining stable. Upstream and downstream players continue to negotiate, but there are no significant changes in the PMMA particle market. Holders maintain a steady mindset, discussing deals as they come. Overall, the trading atmosphere is moderate, and attention will be paid to offer dynamics in the short term.

3、Production Dynamics

The capacity utilization rate of PMMA particles is 59%, unchanged from the previous period. Factory operations remain stable for now.

4、Price Forecast

In the short term, the PMMA particle market is expected to remain in a stalemate, with suppliers mainly holding prices steady. Offers are expected to see limited changes. Due to weak demand, downstream buyers are purchasing only what is necessary, and there has been no significant increase in transactions. In summary, the trading atmosphere is lukewarm, and the market is likely to continue its stalemate. It is expected that the PMMA particle market will remain stable in the short term, and we will continue to monitor trading conditions.

5、Related Product Situation

MMA Market: Based on the East China region, MMA closed at 11,000 yuan/ton today, down 50 yuan/ton from the previous working day, lower than early expectations. In the domestic market, the MMA market is currently stable but slightly weak. After a period of sharp declines, factories have reduced their intention to cut prices further, and the decline this week has slowed significantly. Traders are offering small discounts to stimulate sales.