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SunSirs: China PMMA Market Operates Smoothly
August 25 2022 10:58:51SunSirs(Selena)

According to the data monitored by, as of August 23, the average price of PMMA of general transparent grade and excellent products in China was 16,425.00 RMB/ ton last week. The price range of last week was narrow and strong. Compared with the same period last week, the price fell, and 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, and the overall market supply and demand were balanced.

Last week, the average price of PMMA for domestic general transparent grade excellent products was 16,425.00 RMB/ ton. The overall market was stable, and the price change was not obvious. The quotation range of mainstream manufacturers remained around 16,500 RMB/ ton. Merchants actively shipped and gave up orders. Compared with the price of last week, the price of PMMA was stable, the overall supply and demand were balanced, and the purchase was just needed. At present, the negotiation focus is stable and the supply side is normal.

Rubber and plastic index: on August 22, the rubber and plastic index was 695 points, which was the same as the previous day, down 34.43% from the highest point 1,060 points in the cycle (2012-03-14), and up 31.63% 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 the PMMA price in China is expected to be stable in the short term.

 

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

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