SunSirs: China PMMA Market Ran smoothly Last Week
January 10 2023 14:12:31 SunSirs (Selena)
According to the data monitored by SunSirs, as of January 6, the average price of PMMA for domestic general transparent premium products was 14,875.00 RMB/ton, which was mainly stable compared with the same period last week, with no significant change in price, weak and stable operation of the overall market, and balance between supply and demand
This week, the domestic general transparent premium PMMA operated smoothly, and the price did not change significantly. The quotation range of mainstream manufacturers remained around 15,000 RMB/ton. At present, the overall logistics is slow, the overall market supply and demand is balanced, and the manufacturers give up profits and take orders. The enterprise quotation: Shanghai Hongqi Plastic Technology Co., Ltd. 14,800 RMB/ton.
Rubber and plastic index: On January 5, the rubber and plastic index was 666 points, down 1 point from yesterday, down 37.17% from the highest point of 1,060 points in the cycle (2012-03-14), and up 26.14% from the lowest point of 528 points on April 6, 2020. (Note: the period refers to 2011-12-01 to now).
SunSirs PMMA analysts believe that PMMA is mainly weak and stable in China in the short term.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
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