[PMMA Morning Briefing] Expected PMMA Particle Market to Maintain Range Fluctuations Today
1. Points of Attention
Yesterday, the domestic PMMA market was discussed around 12,600-13,800 RMB/ton.
Yesterday, the MMA raw material market rose, with mainstream discussions referencing 10,250 yuan/ton.
Core logic CompileDemand follow-up is slow, and transaction volume is limited.
Section 2: Price List
Product |
Region |
September 23rd |
September 22 |
Rate of change |
MMA |
East China Level 2 |
10250 |
10150 |
+0.99% |
PMMA particles |
East China domestic |
12800 |
12800 |
0.00% |
PMMA particles |
East China Imports |
12800 |
12800 |
0.00% |
Note: MMA uses a benchmark, and PMMA particles are the enterprise standard. 2. The MMA East China secondary market is for cash delivery, and the PMMA particles are priced for cash pickup, unit: RMB/ton. The two prices refer to the point prices from the two working weeks prior to this week, not the weekly average price. The rate of increase or decrease is the month-on-month change rate. |
Three, Market Outlook
Yesterday, the domestic PMMA particle market remained stable. Although raw material MMA rose again, the willingness of downstream end factories to stock up before the holiday was not strong. Actual transactions in the market were hard to increase significantly, and intermediaries operated according to the market conditions, with transactions mainly based on just-in-time demand, showing a stalemate in the trend. It is expected that the PMMA particle market will continue to fluctuate within a range today, with attention on the operating trends of production factories.
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