[PMMA Particle Daily Review] PMMA Particles Run Mildly

1 Today's Summary

①、 PMMA particles today Market Light operation.

②、 The domestic PMMA particle utilization rate remains at 62% today.

2 Spot Overview

Table 1 Domestic PMMA Particle Price Summary (Unit: RMB/ton)

Based on the East China region, the PMMA particles closed at 12,800 today. Yuan/ton,Stable compared to the previous working day, in line with the morning expectations. 。 The raw material side is slightly probing upwards, and under the overall cost pressure support, holders continue to offer stable prices. There are no significant improvement factors on the demand side, and industry players are observing the raw material trend with limited market entry activities, focusing mainly on actual demand-based transactions.

3 Production status

The capacity utilization rate of PMMA particles is at 62%, with no change month-on-month. The factory equipment dynamics remain stable for the time being.

4 Price prediction

Intraday MMA The market made a narrow upward probe, while PMMA particlesThe overall market is showing a sluggish situation, with light trading on the buy side. End-users are observing market trends with just small, essential orders being placed.In the short term, the supply of spot goods remains largely unchanged, and it is difficult to find points of demand stimulation downstream. Transactions in the market may continue to be driven by just-in-time needs.

5 Relevant product information

Today, MMA in the East China region closed at 9,900 yuan/ton, a slight increase compared to the previous working day, in line with the morning forecast. Today, the domestic MMA market is steadily increasing with slight gains. Suppliers are raising their offers, while the market is characterized by a strong wait-and-see sentiment. Some downstream gaps still exist, with negotiations primarily based on demand. Actual transaction volumes remain insufficient.

6 Data Calendar

Table 2 Overview of Domestic PMMA Particle Data (Unit: 10,000 tons)