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SunSirs: China PMMA Market was Weak in November
December 01 2022 10:58:24SunSirs(Selena)

According to the data monitored by SunSirs, as of November 29, the average price of PMMA for domestic general transparent premium products was 16,050.00 RMB/ ton. In November, the PMMA market declined slightly. In November, the PMMA price trend declined by 0.16%. At present, the mainstream market price is 16,000 RMB/ ton. The overall market supply and demand are balanced.

Rubber and plastic index: On November 28, the rubber and plastic index was 671 points, down 1 point from the previous day, down 36.70% from the highest point in the cycle 1,060 points (March 14, 2012), and up 27.08% from the lowest point 528 points on April 6, 2020. (Note: the cycle refers to the period from December 1, 2011 to the present)

According to the PMMA analysts of SunSirs, it is expected that China PMMA market will operate in a weak way in November, and the mainstream price range will be about 16,200 RMB/ ton.

 

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