Methyl methacrylate Prices, markets & analysis
ICIS has a network of locally based reporters providing coverage of regional Methyl methacrylate markets. They provide not just pricing information, but an in-depth understanding of the factors driving prices and market fluctuations.
Whichever regional markets you need to track, our independent price assessments and market coverage will keep you fully up-to-date so you can always negotiate with confidence.
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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.
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US methyl methacrylate (MMA) contract prices gained just 2 cents/lb ($44/tonne) in the three-month period ending in mid-November, despite nominated hikes of 5-6 cents/lb.
The gain occurred early in the period, during which relatively balanced conditions persisted amid softening seasonal demand, holding gains to a minimum, and prompting sellers not to pursue others gains beyond those in August.
In the wake of a force majeure declaration by a major supplier in October, supply was said to be constrained but available to most customers. The MMA manufacturer experienced a mechanical failure on restart, after being forced to curtail production on the back of constraints from a key feedstock supplier.
Upstream, the US Gulf barge acetone contract weakened slightly over the three-month period ending in mid-November, after a strong gain in August that was overwhelmed by declines in September and October. That weakness stemmed largely from softer values for contract benzene and spot refinery-grade propylene (RGP) during most of the period.
Seasonally slow coatings demand will continue to exert downward price pressure in the near term, as will chemical-grade propylene (CGP), which sources expected to weaken again for November. However, downstream pigment makers anticipate renewed coatings demand after the first quarter of 2014, stemming from the spring coatings season.
Updated to mid-November 2013
The weekly ICIS report on the US Gulf (USG) market for methyl methacrylate (MMA) includes monthly contract prices assessed for delivered rail-car and delivered tank-truck.
To determine what the monthly ranges are, we contact buyers, sellers and traders to get their input on pricing, but also take into account broader factors that influence the market.
The report includes key developments in upstream markets and a bigger picture of developments in end-user sectors.
We also include feedstock prices for acetone and methanol 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 in what is a tight US MMA market, so we also track plant outages and international trade flows.
Our report seeks to shed light on an opaque market and we have quickly become a benchmark in the US, helping our customers to reach well-informed decisions.
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.