[PMMA Morning Brief] PMMA Expected to Consolidate in Range in the Short Term
1. Focus Points
Yesterday, the domestic PMMA market was discussed at around 12,800-13,800 yuan/ton.
Yesterday, the MMA raw material market remained stagnant, with mainstream negotiations at around 9,650 yuan/ton.
Core LogicEdit There is limited follow-up from terminal buying, and the overall market trading sentiment is lukewarm.
II. Price List Form
|
Product |
Region |
8 6th of the month |
August 5th |
Change Rate |
|
MMA |
East China Level 2 |
9650 |
9650 |
0.00% |
|
PMMA particles |
East China Domestic |
13000 |
13000 |
0.00% |
|
PMMA particles |
East China Import |
13000 |
13000 |
0.00% |
|
Note: 1. MMA adopts row labels, and PMMA particles follow corporate standards. 2. The MMA East China secondary market price is for cash delivery, and the PMMA particle price is for cash self-pickup. Unit: yuan/ton. The prices for the two periods are the point-in-time prices from the past two work weeks prior to this week, not the weekly average prices. 4. The rate of change refers to the month-on-month (MoM) change rate. |
||||
3. Market Outlook
Yesterday's domestic PMMA particle marketSteady transition. The trading on the raw material side is lukewarm. The cost-side support remains stable, but demand is sluggish, with few new inquiries. Most factories are focused on fulfilling previous orders. ， Most of the holders maintain a stable mindset, and the market atmosphere appears slightly stalemated. The above content is expected to be translated into English.Short-term PMMA range-bound consolidation.
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