According to the data monitored by SunSirs, as of August 17, the average price of PMMA of general transparent grade and excellent products in China this week was 16450.00 RMB/ ton. The price of this week was narrowly strong. Compared with the price of the same period last week, the price fluctuation range was small. The quotation range of mainstream manufacturers maintained around 16,500 RMB/ ton. The overall PMMA market price remained stable. The focus of negotiation was stable. The price range of this week was small. The overall market supply and demand was balanced.

This week, the average price of PMMA for domestic general transparent grade excellent products is 16,450.00 RMB/ ton. The overall market is stable, and the price change is not obvious. The quotation range of mainstream manufacturers is around 16,500 RMB/ ton. Merchants are actively shipping and giving up orders. Compared with the price of last week, the price of PMMA is stable, the overall supply and demand is balanced, and the purchase is just needed. At present, the negotiation focus is stable and the supply side is normal.

Rubber and plastic index: on August 17, the rubber and plastic index was 701 points, down 1 point from the previous day, down 33.87% from the highest point 1060 points in the cycle (March 14, 2012), and up 32.77% from the lowest point 528 points on April 6, 2020. (Note: the period refers to December 1, 2011 to now).

SunSirs PMMA analysts believe that PMMA price is expected to be stable in China  in the short term.

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