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SunSirs: The PMMA Market Was Running to Be Strong in a Narrow Range (June 20-24)
June 24 2022 15:42:24SunSirs(John)

Price trend

According to the data monitored by SunSirs, as of June 24, the average price of domestic general-purpose transparent grade PMMA this week was 16,875.00 RMB/ton. This week, the price of PMMA is running in a narrow range and is strong. Compared with the same period last week, the price has increased by 0.75%.

Analysis review

The price fluctuation range is not large. The quotation range of mainstream manufacturers remains around 16,500 RMB/ton. The overall PMMA market price remains stable, and the focus of negotiations is stable. The price range this week is not large, and the overall market supply and demand are balanced.

Rubber and Plastics Index: On June 23, the rubber and plastics index was 781 points, a decrease of 1 point from previous day, a decrease of 26.32% from the highest point in the cycle of 1,060 points (2012-03-14), an increase of 47.92% from the lowest point of 528 points on April 6, 2020. (Note: The cycle refers to 2011-12-01 to the present).

Market outlook

The PMMA analyst of SunSirs believes that it is expected that the PMMA price will run smoothly in the short term, and the PMMA market will maintain a stable operation in the short term.

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8 Industries
Rubber & Plastics
Non-ferrous Metals
Building Materials
Agricultural & Sideline Products