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Updated to Q1 2016
Market dynamics in the European polymethyl methacrylate (PMMA) market remain stable. Overall demand remains steady; with demand from the derivative construction sector expected to pick up during March. Demand from the automotive sector continues to be strong and continues to boost overall demand levels. Supply remains balanced to long, despite import levels for 2015 falling by 20%, according to Eurostat data. The drop in imports is likely to be linked to the weakened euro against the dollar exchange rate, which made imports from dollar based regions less attractive. Despite the fall in imports, market participants continue to discuss supply pressure from competitively priced Asian imports. The main reason for this has been a drop in demand from China, linked to the Lunar New Year. This resulted in Asian producers looking for an outlet for excess material, and so they looked to Europe. Second-quarter contract negotiations will begin in the middle of March.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Polymethyl methacrylate.
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ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Polymethyl 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.
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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 Polymethyl 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.