ICIS price reporting for regional Methyl methacrylate markets is unparalleled in its ability to keep you on top of the information you need.
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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 Q3 2017
Asia’s methyl methacrylate (MMA) supply continued to be limited in Q3, on the back of sustained supply shortage, low inventory levels and scheduled maintenance in the region. This is similar to the situation observed in UK and US over the past few months. Supply was further squeezed by unexpected plant disruptions, whereby producers could not offer substantial spot volumes after fulfilling contractual obligations. Additionally, some MMA volumes were shifted to western outlets in view of buyers bidding at higher levels after Hurricane Harvey, sources said.
Asia’s consumer demand for methyl methacrylate (MMA) was largely steady in Q3, amid the bullish market. Spot prices in southeast (SE) Asia increased further in Q3, gaining close to 4% to reach another year-high of $2,570/tonne CFR (cost-and-freight) SE Asia for small cargoes of 20-300 tonnes, from $2,475/tonne CFR SE Asia in end Q2. Polymethyl methacrylate (PMMA) demand, a key downstream market that consumes about half of Asia’s MMA output, was also stable. Buyers purchased on a need-to basis to fulfil contractual obligations, adopting a cautious approach. This was in view of potential changes in regional supply and market prices in the near term. For China, domestic demand was slightly stronger in late Q3, as consumers were actively stocking up their inventories prior to their week-long holiday in early October.
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.