[PMMA Morning Briefing] PMMA Pellet Market Expected to Fluctuate Steadily and Slightly Weaker Today
1. Focus Points
Yesterday, the domestic PMMA market in China was discussed around 12,900-14,600 yuan/ton.
Yesterday, the raw material MMA market remained weak and stagnant, with mainstream negotiations referencing 9,700 yuan/ton.
Core logic Limited support from raw materials, PMMA particle market prices fluctuate and decline.
2. Price Form
|
Product |
Region |
October 28 |
October 27th |
Rate of Change |
|
MMA |
East China Level 2 |
9700 |
9700 |
0.00% |
|
PMMA particles |
East China Domestic |
13300 |
13600 |
-2.21% |
|
PMMA particles |
East China Import |
13300 |
13600 |
-2.21% |
|
Note: 1. MMA uses line labels, PMMA particles follow corporate standards. 2. The MMA East China secondary market is priced for cash on delivery, and the PMMA granules are priced for cash pick-up, unit: RMB/ton. The prices for the two periods are the point prices from the two previous 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. |
||||
Three Market Outlook
YesterdayPMMA particles The market is operating weakly. Raw Material MMA Prices remain weak, market participants are feeling lenient, and in the face of sluggish sales, they are primarily offering discounts. The demand side is lackluster, and actual transaction volumes are insufficient. Longzhong Information expects today PMMA particles The market is fluctuating steadily but tending to weaken.
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