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SunSirs: China PMMA Market is mainly Stable
November 24 2022 09:26:02SunSirs(Selena)

According to the data monitored by SunSirs, as of November 22, the average price of PMMA for domestic general transparent premium products was 16,050.00 RMB/ ton, which was stable compared with the same period last week, and the overall market price of PMMA was stable. At present, the quotation range of mainstream manufacturers maintains a balance of 16,100 yuan/overall market supply and demand, and the operating rate is stable.

This week, the average price of PMMA for domestic general transparent superior products was 16,050.00 RMB/ ton. The overall market was mainly stable. The quotation range of mainstream manufacturers was about 16,100 RMB/ ton. The price of PMMA was mainly stable. At present, the overall market is in balance of supply and demand. Downstream just needs to purchase. The manufacturers give up profits and take orders. The latest enterprise quotation: Shanghai Hongqi Plastic Technology Co., Ltd. 15,600 RMB/ ton.

Rubber and plastic index: On November 21, the rubber and plastic index was 673 points, down 1 point from yesterday, down 36.51% from the highest point in the cycle 1,060 points (March 14, 2012), and up 27.46% from the lowest point 528 points on April 6, 2020. (Note: the cycle refers to the period from December 1, 2011 to the present).

SunSirs PMMA analysts believe that China PMMA market is mainly stable in the short term.

 

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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