[PMMA Weekly Outlook] Domestic PMMA Pellets Market Expected to Fluctuate Narrowly Today
I. Focus Points
1 Last week, the PMMA particle market prices fluctuated widely and rose.
2 MMA raw material market moves up slightly. As of October 11, the gross profit of PMMA is 1,241 yuan/ton. 。
3 The weekly industry operating rate for PMMA is 60%.
2. Price List
|
Product |
Region |
October 11th |
September 30 |
Rate of increase or decrease |
|
MMA |
East China Level 2 |
10500 |
10400 |
0.96% |
|
PMMA particles |
East China Domestic |
13600 |
13600 |
0.00% |
|
PMMA particles |
East China Import |
13600 |
13600 |
0.00% |
|
Remarks: 1. MMA uses line markers, and PMMA particles are the company standard. 2. The MMA East China secondary market is for cash delivery, while the PMMA particle price is for cash pickup, unit: yuan/ton. The prices for the two periods are the point prices from the two previous working weeks before this week, not the weekly average prices. The rate of increase or decrease is the month-on-month change rate. |
||||
Three, Data Form
4. Market OutlookLast week, the domestic PMMA particle market remained stagnant after a price increase. Before the holiday, the market saw a rise in prices due to tightened spot supply and a significant increase in raw material MMA, prompting sellers to raise their quotes. Downstream terminal factories participated in inquiries mainly driven by demand, with low intentions to place orders. After returning from the holiday, with prices climbing higher, market participants became more cautious in chasing prices, leading to increased wait-and-see behavior and slower trading activity. It is expected that today the domestic PMMA particle market will experience narrow fluctuations, with attention on spot supply and terminal buying interest.
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