【PMMA Morning Alert】The particle market is quiet, and a narrow range consolidation is expected today.
1. Focus Points
The PMMA particle market was stable yesterday, with average trading activity.
2、 MMA MarketSlight decline, the reference price in the East China market is 10,850 yuan/ton.
The PMMA particle market faces weak negotiations due to a lack of fundamental support.
Core Logic:Lack of support, poor negotiation.
2 Price List Form
Limited product |
Region |
March 31 |
March 28th |
Rise and fall rate |
MMA |
East China |
10850 |
10950 |
-0.91% |
PMMA |
East China Domestic |
16800 |
16800 |
0.00% |
Note: 1 MMA adopts the industry standard premium grade, while PMMA adopts the enterprise standard. 2 The list MMA price is the spot delivery price, PMMA marketThe price is the self-pickup price in cash, unit: yuan/ton. 3 The two periods of prices are point-in-time prices from the past two work weeks, not weekly averages. 4 The rise and fall rate is the month-on-month change rate. |
III. Market Outlook
Yesterday, the particle market was mainly in a wait-and-see state. At the beginning of the week, market sentiment was generally lukewarm, with light trading in the particle market. Downstream buyers entered the market to purchase a small amount of rigid demand orders, and overall transactions were moderate. It is expected that the market will consolidate narrowly today.
IV. Data Calendar
Data Project |
Release Date |
Last period's data |
This Period's Trend Forecast |
PMMA Overall power-on rate |
Friday 10:00 AM |
64% |
→ |
1 , ↓↑ considered significant fluctuations, highlighting data with increases or decreases exceeding 3%. 2 ,↗↘ considered as narrow fluctuations, highlighting data with price changes within 3%. 3 、→ considered stable |
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