[PMMA Weekly Review] PMMA Market Trends Weaker

1. The focus of the market this week

① Recently, the raw material MMA first rose and then fell, providing limited cost support for PMMA.

The supply of PMMA is stable, with a capacity utilization rate of 64%.

The demand side's buying interest is insufficient, and the counter-offer focus downstream remains low.

2. Weekly Market Analysis

This week's domestic PMMAMarketWeakened operation As of August 14, the price of domestic supply ranges from 12,600 to 13,800 yuan per ton; the price of imported supply ranges from 12,400 to 13,400 yuan per ton.

Raw materials MMA After the price center dropped, it rebounded, but for... PMMA Market sentiment is limited, coupled with low enthusiasm from end-users to receive goods, the spot inquiry atmosphere is weak. Downstream negative signals are being transmitted upstream, squeezing the quotation space for crushers holding goods. Some intermediaries and manufacturers are increasing their offers according to market conditions, resulting in more low-priced sources in the market. However, the volume of transactions released is limited, and the focus of actual deals has shifted downward.

Table 1 Weekly Fluctuation Table of PMMA Industry Chain Products (Unit: RMB/ton)

3. Market Impact Factor Analysis

① During this period, the average weekly profit for PMMA was 1,669 RMB/ton, a decrease of 69 RMB/ton compared to the average price of the previous period. 。

② This week, the operating rate of the PMMA industry is at 64%.

4. Market Forecast for Next Week

The PMMA particle market is expected to operate weakly in the next period. Key points to focus on: 1. Supply side. The spot supply of PMMA particles remains abundant, with sellers primarily focusing on shipments to reduce inventory. 2. Demand side. The operating rate of downstream terminals is low, leading to minimal changes in the overall consumption of PMMA particles, and there are insufficient signs of transactions in the spot market. 3. Cost side. It is expectedMMA marketFirm operation, there may be a potential increase in the cost of PMMA particles.