[PMMA Weekly Outlook] Domestic PMMA Particle Market Expected to Fluctuate Narrowly Today
1. Focus Points
1 Last week, the PMMA particle market prices were organized and maintained.
2 The raw material MMA market is moving up broadly. As of September 26, the PMMA gross profit is 907 yuan/ton, compared to The previous period decreased by 346 yuan/ton.
3 The weekly industry operating rate for PMMA is 65%.
2. Price List
|
Product |
Region |
September 26 |
September 19 |
Rate of change |
|
MMA |
East China Level 2 |
10375 |
10050 |
+3.23% |
|
PMMA particles |
East China Domestic |
12800 |
12800 |
0.00% |
|
PMMA particles |
East China Import |
12800 |
12800 |
0.00% |
|
Notes: MMA uses a line standard, and PMMA particles are based on the enterprise standard. 2. The MMA East China secondary market is for cash delivery, while the PMMA particle price is for cash pick-up, unit: yuan/ton. The two prices refer to the point-in-time prices from the two working weeks prior to this week, not the weekly average price. 4. The rate of increase or decrease is the month-on-month change rate. |
||||
Market Outlook
Last week, the domestic PMMA particle market operated within a range. The raw material MMA showed a wide upward trend, and holders maintained a firm stance with a sentiment to hold prices. However, the end-users were cautious about large-scale purchases and participated mainly in just-needed replenishments, keeping the price stable. It is expected that today the domestic PMMA particle market will experience narrow fluctuations, with attention on the dynamics of supply and demand fundamentals.
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