ICIS publishes pricing information which you can use in settlements and contracts in order to optimise your deals and negotiations.
Use the independent price assessments and market coverage in our price reports to track the regional Methyl methacrylate market.
Use ICIS information to:
- Understand price drivers and fluctuations
- Develop internal analytical models
- Negotiate deals with confidence
Methyl methacrylate Europe Transcript
The European methyl methacrylate report is published weekly on Fridays. Our report contains quarterly contract prices, as well as spot prices. Both on a free delivered (FD) northwest Europe (NWE) basis in euros per metric tonne and with conversion to US cent per pound.
The report also has MMA feedstock prices for acetone monthly contracts and methanol quarterly contracts.
Demand from the cast and extruded sheet industries as well as the resins and coatings sectors are driving the industry. Off take for the foreseeable future is expected to remain high. With no new capacity scheduled in Europe in 2011, availability is limited.
On a weekly basis we speak to consumers, producers and traders about MMA prices, supply and demand for the monomer as well as imports and exports.
The report is read by players across the industry as well as up and downstream from MMA.
By reading our report, you are able to get an impartial view on the market, and many companies rely on our data in order to base their business decisions.
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Updated to Q3 2016
Third-quarter contracts in the European methyl methacrylate (MMA) market settled at an increase, on firming feedstock prices, tightening supply and a solid level of demand.
The main reason for the increase was a matter of contention between buyers and sellers.
Buyers said the key driver of the increases was the firming of upstream propylene, acetone and methanol prices at that time.
Sellers saw supply and demand dynamics as more dominant, with both planned and unplanned stoppages adding to concerns.
Supply tightened throughout the discussions, which resulted in some sellers adjusting up price targets.
Imports were at a lower level throughout the quarter from the US, Asia and Brazil. Dow ran its Texas MMA facility at a lower rate for much of Q3 linked to an upstream supply constraint.
Some buyers said the reason for the fall in imports was in part because of the previous steep falls in European MMA prices, as domestic producers adopted a more competitive stance against imported material.
Buyers said that this has resulted in the European market being less attractive to imports. They added that this resulted in European producers seeking increases above the feedstock rises in the pursuit of gaining back margins.
Demand also factored into pricing discussions with both plastics and coatings demand running well, with players citing a reasonable and lengthy coatings season.
Although there was some division between buyers and sellers with regards to the supply situation, players were united in seeing a strong and robust level of demand.
Demand in southern Europe seasonally deflated in August, linked to some businesses closing for the holiday period.
ICIS has been reporting on the methyl methacrylate (MMA) market since 1990 and publishes the report on Fridays.
We have a quarterly contract price on standard-grade polymethyl methacrylate (PMMA), which is quoted in euro per kilogramme, with a conversion to dollar per metric tonne.
The report includes the quarterly feedstock price for MMA, also in euro per metric tonne, with a conversion to cents per pound.
Both assessments are quoted on a free delivered (FD) northwest Europe (NWE) basis.
ICIS assesses PMMA on resin and sheet form, and the prices assessments are based on information gathered from consumers, traders and producers.
The weekly report includes commentary, with a focus on traced transactions, supply-demand balance dynamics, export and import information, contract price negotiations and general sentiment for price direction.
As well as coverage on the key Asia markets, there is extensive coverage on the upstream MMA industry and general market intelligence.
By subscribing to our PMMA report, our customers are able to make informed decisions with confidence.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Methyl methacrylate. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Methyl methacrylate, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.