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SunSirs: China PMMA Market mainly Operates stably (December 2-9)
December 12 2022 10:08:30SunSirs(Selena)

According to the data monitored by SunSirs, as of December 9, the average price of PMMA for domestic general transparent premium products was 15,500.00 RMB/ton, which fell by 0.8% compared with the same period last week. At present, the quotation range of mainstream manufacturers is about 16,000 RMB/ton, the overall market supply and demand are balanced, and the operating rate is stable.

This week, the average price of PMMA for domestic general transparent superior products was 15,500.00 RMB/ton, the overall market was stable, the quotation range of mainstream manufacturers was about 16,000 RMB/ton, the price of PMMA was stable, the downstream just needed to purchase was mainly, the manufacturers gave up profits and took orders. The latest quotation of the enterprise: Shanghai Hongqi Plastic Technology Co., Ltd. was 15,500 RMB/ton.

Rubber and plastic index: On December 8, the rubber and plastic index was 666 points, unchanged from yesterday, 37.17% lower than the highest point 1060 points (March 14, 2012) in the cycle, and 26.14% higher than 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 in the short term, PMMA market is mainly stable in China.

 

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