Methyl methacrylate Prices, markets & analysis
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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Insight and analysis of factors driving prices.
Updated to Q1 2015
The acetone methyl methacrylate (MMA) contract price continued to be guided by propylene, with significant drops in January and February, followed by a strong recovery in March. Movements were around 80% of the propylene change, a level now seen as standard by the industry. The contract reached a low of €627/tonne in February and a quarter high of €711/tonne in March.
Spot prices were also volatile with an average low of €670/tonne through February, followed by recovery in March. Spot prices were at a premium to the contract price through the quarter, as producers pushed hard to improve margins.
Supply was expected to lengthened as producer CEPSA came back onstream in January after a force majeure. Additionally, buyer Lucite International had some production problems, which reduced purchases.
However, the market was seen as more balanced, partly due to some improvements in demand. Buyers believe producers are keeping the market tight to keep pricing firm. One mechanism is through exports, often at lower prices than in Europe. Eurostat data shows lower outflows in January but some think this is temporary.
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.