Methyl methacrylate US Transcript
The weekly ICIS report on the US Gulf (USG) market for methyl methacrylate (MMA) includes monthly contract prices reported delivered by rail-car and reported delivered tank-truck.
Contract prices for rail-car and tank-truck are assessed based upon delivered prices to medium sized accounts purchasing around 5-30M lbs MMA per year.
To determine what the monthly ranges are, we contact buyers, sellers and traders to get their input on pricing, but also take into account a broad look at other factors influencing the market.
This means the report includes news on things like developments in the upstream markets and the big picture of what is going on in the end use sectors.
We also include feedstock prices for acetone and methanol regularly and sometimes add natural gas, ammonia and propylene information, because these costs can greatly influence pricing.
Supply and demand issues have become more important than ever before to a very tight US MMA market, so we track plant outages and international trade flows also.
MMA is an opaque market; the ICIS report exists to shed light on the market and has quickly become a benchmark in the US.