SunSirs: China PMMA Market mainly Operates stably (November 4-7)
November 07 2022 13:14:09 SunSirs (Selena)
According to the data monitored by SunSirs, as of November 4, the average price of PMMA for domestic general transparent premium products this week was 16,075.00 RMB/ ton, which was stable compared with the price of the same period last week. The overall market price fluctuation range of PMMA is small. At present, the mainstream manufacturers' quotation range is about 16,100 RMB/ ton, and the focus of negotiation is stable. The overall market supply and demand are balanced, and the procurement atmosphere is general.
Last week, the average price of PMMA for domestic general transparent superior products was 16,075.00 RMB/ ton. The overall market was stable, with limited price fluctuation. The quotation range of mainstream manufacturers was about 16,100 RMB/ ton. The price of PMMA was stable. At present, the supply and demand of the overall market are balanced. Downstream just needs to purchase. The supply side is normal. The latest quotation of the enterprise: Shanghai Hongqi Plastic Technology Co., Ltd. 15,500 RMB/ ton.
Rubber and plastic index: On November 3, the rubber and plastic index was 670 points, down 2 points from yesterday, down 36.79% from the highest point in the cycle 1,060 points (March 14, 2012), and up 26.89% from the lowest point 528 points on April 6, 2020. (Note: the cycle refers to the period from December 1, 2011 to the present).
According to SunSirs analysts, China PMMA market will 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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