【PMMA Morning Alert】Holders are not showing a clear intention to further cut prices, and the PMMA market is expected to remain stable.
1. Points of Attention
1. The PMMA particle market showed slight fluctuations yesterday with average trading activity.
The MMA market operates steadily, with the East China market referencing 10,850 yuan per ton.
The trading is清淡, and the PMMA particle market is mainly观望. (Note: The terms "清淡" and "观望" seem out of place in English and might be better replaced with more fitting financial terms. However, as per your instruction, I provided a direct translation.) A more natural English translation would be: "Trading is淡静, and the PMMA particle market remains largely观望." However, considering standard financial terminology: "Trading is lackluster, and the PMMA particle market remains largely观望." For precise financial context, it's recommended to use terms like "slow" or "sluggish" for "清淡" and "cautious" for "观望". Thus: "Trading is slow, and the PMMA particle market remains largely cautious."
Core logic:Wait-and-see attitude, average transactions.
2
Limited product |
region |
|
March 31st |
Rise and fall rate |
MMA |
|
10850 |
10850 |
0.00% |
PMMA |
East China Domestic |
16800 |
16800 |
0.00% |
Note: 1 2 The list MMA price is the spot delivery price, and the MMA market price is the spot ex-warehouse price. Units: yuan/ton. 3 The two periods of prices are point-in-time prices from the past two work weeks, not weekly averages. 4 , the涨跌率(change rate) is the 环比变化率(month-on-month change rate). |
Yesterday, the particle market experienced narrow fluctuations. Inquiries were lackluster, and the market's negotiation focus slightly shifted downward. Sellers showed no significant intention to further reduce prices, and trading volume saw limited follow-through. The market is expected to remain stable today.
|
Release Date |
Previous period data |
Expected trend for this period |
PMMA Overall Power-On Rate |
|
64% |
→ |
1 , ↓↑ considered as significant fluctuations, highlighting data with increases or decreases exceeding 3%. 2 ↗↘ are considered as narrow fluctuations, highlighting data with price changes within 3%. 3 Consider → as stable |
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