[PMMA Morning Brief] PMMA Pellet Market Continues Consolidation Today
1. Points of Attention
Yesterday, the domestic PMMA market in China was discussing reference prices around 13,200-14,600 yuan/ton.
The MMA raw material market softened slightly yesterday, with mainstream negotiations referencing 9,800 yuan/ton.
Core Logic ： The main attitude in the market is one of observation, with prices consolidating.
Price List
|
Product |
Region |
October 23rd |
October 22nd |
Rate of Change |
|
MMA |
East China Level 2 |
9800 |
9825 |
-0.25% |
|
PMMA particles |
East China domestic |
13600 |
13600 |
0.00% |
|
PMMA particles |
East China Import |
13600 |
13600 |
0.00% |
|
Remark: MMA adopts a line mark, and PMMA particles are the enterprise standard. 2. The MMA East China secondary market is priced for cash on delivery, and the PMMA granules are priced for cash self-pickup, unit: yuan/ton. The prices for the two periods refer to the point prices from the two working weeks prior to this week, not the weekly average price. 4. The rate of increase or decrease is the month-on-month change rate. |
||||
Certainly, please provide the content that you would like to be translated into English. Market Outlook
Yesterday, the domestic PMMA particle market exhibited a strong wait-and-see sentiment. The price of the raw material MMA has shifted lower, further weakening cost support. Downstream factories mostly maintained a demand-based restocking approach, with actual transactions primarily consisting of small-volume negotiations, resulting in a lackluster trading atmosphere. Longzhong Information predicts that the PMMA particle market will continue its consolidation trend today.
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