[PMMA Morning Brief] PMMA Market Expected to Remain Weakly Stable Today
1. Points of Concern
Yesterday, the domestic PMMA market negotiation reference was around 12,600-13,800 yuan/ton.
Yesterday, the raw material MMA market saw a slight increase, with mainstream negotiations referenced at 9500 yuan/ton.
Core logicEdit : The downstream demand is low, and inventory holders are offering discounts to move goods. 。
2. Price List Form
Product |
Region |
8 The 12th of the month |
August 11th |
Change rate |
MMA |
East China Level 2 |
9500 |
9450 |
+0.53% |
PMMA particles |
East China Domestic |
12800 |
13000 |
-1.54% |
PMMA particles |
East China Import |
12800 |
13000 |
-1.54% |
Remarks: 1. MMA uses row labels, and PMMA particles follow corporate standards. 2. The MMA East China secondary market refers to spot exchange delivery, while PMMA granules refer to spot exchange self-pickup price, unit: RMB/ton. The prices for the two periods are the point-in-time prices from the past two work weeks before this week, not the weekly average prices. 4. The rate of increase or decrease refers to the month-on-month change rate. |
3. Market Outlook
Yesterday, the P MMA market operated with weak prices. The raw material side showed slight strength, but the cost support was generally limited. Most factories still faced pressure to sell and had low willingness to raise prices. Offers followed the market trend, and downstream purchasing sentiment was not strong. The inquiry atmosphere in the market was relatively quiet, with very few actual transactions. The PMMA market may be weak and stable today.Market conditions.
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