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.
Use ICIS information to:
- Develop internal analytical models
- Inform settlements and contracts
- Optimise deals and negotiations
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.
Methyl methacrylate news and market information products from ICIS
We offer the following regional Methyl methacrylate coverage to keep you informed of factors and developments affecting prices in the US Methyl methacrylate marketplace.
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News & analysis
News & Analysis - News & market analysis specifically relating to Methyl methacrylate
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Updated to Q1 2015
The US methyl methacrylate market (MMA) was hampered by weak demand in early 2015, owing largely to a delayed start to the crucial paint and coating season. Unusually harsh winter weather affected a wide swath of the country, stalling construction projects and the need for downstream products.
MMA contract pricing has fallen in recent months alongside the dramatic drop in the cost of crude oil and upstream refinery-grade propylene (RGP) along with key feedstock barge acetone. February MMA rail contracts were assessed by ICIS at 121.5-125.5 cents/lb, down from a 12-month high of 137.5-141.5 cents/lb in November 2014.
After describing MMA market conditions as chaotic in January and February, most market players believed a price floor may have been reached by March. Buyers had largely been purchasing hand to mouth on expectations of continued lower pricing.
A force majeure at a Lucite International MMA plant in the UK and overseas plant turnarounds contributed to supply limitations abroad, but US sources said they had little impact on the domestic market. However, the weakness of the Euro has led to fewer MMA imports into Europe from the US and other dollar-based regions.
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.