PMMA Pellet Daily Review: PMMA Pellets Run Stably in a Weak Market

1 Today's Summary

①、 Today's PMMA particle market Stable Operation 。

②、 The utilization rate of domestic PMMA particles remained at 62% today.

2 Spot Market Overview

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

Based on the East China region, today's PMMA particles closed at 12,800. Yuan/tonStable compared to the previous working day, in line with the morning expectations. 。 The domestic PMMA particle marketThe market remains stable. There is little change in the fundamentals, with suppliers maintaining stable quotes. Low-priced goods are scarcely heard of in the market. Holders are selling according to the market trend, with a small number of end-users inquiring, but overall transaction volume is limited. Industry players are mostly waiting for the market trend to become clearer.

3 Production Update

The capacity utilization rate of PMMA particles is 62%, unchanged from the previous period. The operation status of the plant remains stable.

4 Price prediction

The raw material side provides limited support for MMA. Throughout the day, PMMA particle traders continue to maintain a wait-and-see attitude, with prices remaining stable. Buying interest remains weak, with few inquiries. There is limited new information for the future market, and currently, market negotiations are expected to continue a volatile trend, with some holders potentially adopting a bearish sentiment and offering slight concessions.

5 Related Product Information

Based on the East China region, today's MMA closed at 9,650 RMB/ton, unchanged from the previous working day, in line with the morning forecast. Domestic todayMMA MarketThe market remains firm, and holders are not inclined to sell at low prices. There are reports of some slightly higher offers, and end-users mainly fulfill contracts. Spot buyers are cautiously following up.

6 Data Calendar

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