SunSirs: China PMMA Market was mainly Stable Last Week
November 17 2022 09:18:24 SunSirs (Selena)
According to the data monitored by SunSirs, as of November 14, the average price of PMMA for domestic general transparent premium products last week was 16,050.00 RMB/ ton, which was stable compared with the same period last week. The overall market price of PMMA was narrow and weak. At present, the quotation range of mainstream manufacturers maintains the supply and demand balance of the whole market at 16,100 RMB/ ton
Last week, the average price of PMMA for domestic general transparent superior products was 16,050.00 RMB/ ton. The overall market was stable, with a narrow downward range. 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 13, the rubber and plastic index was 670 points, unchanged from yesterday, 36.79% lower than the highest point in the cycle 1060 points (March 14, 2012), and 26.89% higher than 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 PMMA analysts, China PMMA will mainly maintain stable in the short term.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
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