Price trend

According to the data monitored by SunSirs, as of May 12, the average price of domestic general-purpose transparent grade PMMA this week was 16,600.00 RMB/ton, and the price remained stable. Compared with the same period last week, the price remained unchanged, and the quotation range of mainstream manufacturers remained around 16,500 RMB/ton. The price of PMMA remained stable, and the focus of the negotiation was stable. The price range this week was not large, and the overall market supply and demand was balanced.

Analysis review

This week, the domestic PMMA price was mainly stable, and the overall supply and demand were balanced. The purchase was mainly based on rigid demand. The focus of negotiations was stable and the supply side was normal.

Rubber and plastics index: On May 11, the rubber and plastics index was 789 points, a decrease of 1 point from previous day, a decrease of 25.57% from the highest point in the cycle of 1,060 points (2012-03-14), and an increase of 49.43% 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 the PMMA market is expected to maintain stable operation in the short term, and the overall market supply and demand will be balanced.

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