ICIS price reporting for regional Methyl methacrylate markets is unparalleled in its ability to keep you on top of the information you need.
Our network of price reporters delivers direct and regular insights into the local markets they work in.
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We offer the following regional Methyl methacrylate coverage to keep you informed of factors and developments affecting prices in the Asia Methyl methacrylate marketplace.
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Updated to Q1 2017
Asia’s methyl methacrylate (MMA) prices in Q1 2017 were at one-year high levels, supported by a protracted tightness in spot availabilities.
Prices of MMA cargoes in 20-300 tonnes climbed since late-December 2016 to reach an average of $2,175/tonne CFR (cost & freight) southeast (SE) Asia on 10 March 2017.
Supply has been squeezed by a slew of plant maintenance in the region, impacting more than 300,000 tonnes/year worth of production capacity in the February-March period. Several unexpected plant troubles added to the supply woes. Coupled with healthy demand from end-users in South Korea and India, sentiment among sellers were bullish during the quarter, sending prices soaring.
The uptrend is expected to persist until the regional supply shortage situation eases, which many market participants said may only happen when a new 250,000 tonne/year MMA plant in Saudi Arabia comes onstream in June at the earliest.
The ICIS methyl methacrylate (MMA) report covers spot and Chinese domestic prices in the Asia-Pacific region on a weekly basis.
We report on bid-offer and buy-sell notions for the key geographies across Asia.
The report provides competitive benchmarking for leading companies and also analyses the demand and supply conditions that shape the Asian MMA market.
It uses information sourced from producers, traders, distributors, buyers and databases. Subscribers can find updates on plant turnarounds and expansion plans.
The report is a vital source of market intelligence and provides up-to-date information on pricing and trends to help our customers stay ahead of the competition.
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.