The Methyl methacrylate (MMA) market is covered by our network of ICIS reporters based locally in Asia, Europe and the US on a weekly basis. Our universally trusted, unbiased price assessments cover spot in Asia, contract and spot in Europe and contract in the US.
Market commentary includes regional updates, upstream news, graphs, economic impacts and outlooks where applicable. This reliable news and analysis will help give you the tools needed to make informed business decisions.
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Methyl methacrylate news and market information products from ICIS
We offer the following regional Methyl methacrylate analysis and news coverage to keep you informed of factors and developments affecting prices in the Methyl methacrylate marketplace.
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Methyl methacrylate: Market overview
Updated to Q2 2017
European methyl methacrylate (MMA) second-quarter contract prices are expected to increase significantly on the back of short global supply. There are growing concerns over supply for the quarter, especially with demand expected to increase. Demand from the coatings sector will continue to pick up as the quarter continues, and demand from the plastics sector is also expected to be robust. The question is whether players will be able to secure enough product to meet demand. Some buyers have been forced to reduce, and in some cases stop production at certain periods this year, due to the lack of available product.
In Asia, limited spot availability is expected to keep MMA prices stable-to-firm during the quarter. Although most regional turnarounds will have been completed by the end of the first quarter and most plants expected to run at full tilt during the second quarter, market participants said spot availability will still be capped because producers need about two to three months more to fully re-build their historically low inventories and fulfil all previously delayed contractual shipments. The tight supply situation will therefore continue to keep prices supported.
US MMA prices are expected to face upward pressure in the second quarter due to scarce supply and rising feedstock costs. The March MMA contract price settled up by 13 cents/lb ($287/tonne). Supply will be constrained due to ongoing sales controls, production issues and upcoming turnarounds. Demand is expected to pick up with the start of the peak paints and coatings sector, along with some demand from non-cyclical sectors such as PMMA and adhesives.
News & analysis
Methyl methacrylate news & analysis
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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.
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Methyl Methacrylate Methodology
About Methyl methacrylate
Methyl methacrylate (MMA) is a colourless, volatile, flammable liquid with an ester-like odour. It is slightly soluble in water but soluble in most organic solvents. It is readily polymerised by light, heat, ionising radiation and catalysts. Commercial products may contain hydroquinone methyl ether or similar polymerisation inhibitors.
Nearly all MMA is polymerised to make homopolymers and copolymers, the largest application being the casting, moulding or extrusion of polymethyl methacrylate (PMMA) or modified polymers.
A major application of MMA polymers and copolymers is in surface coatings and impregnation resins to give colour fastness and weather-resistance properties to latex paints, lacquer resins and stoving enamels. For example, exterior latex paint is based on emulsions containing MMA while other uses include industrial finishes, and metal and foil coatings.