23 August 2013 23:59 [Source: ICIS news]
LONDON (ICIS)--European methyl methacrylate (MMA) spot prices dropped by €10-30/tonne ($13-40/tonne) this week, because of marginally slower demand and improved availability, sources said on Friday.
While demand is healthier than it was earlier in the year, spot trade is subdued, with a number of players on summer holiday, and some businesses undergoing traditional shutdowns.
Nevertheless, warm weather across Europe and slightly improved economic sentiment have kept buying interest at a good level, and this has limited the extent of the decrease in pricing.
The spot range is at €1,690-1,740/tonne FD (free delivered) NWE (northwest Europe).
($1 = €0.75)
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