ICIS has a network of locally based reporters providing coverage of regional Polymethyl methacrylate markets. They provide not just pricing information, but an in-depth understanding of the factors driving prices and market fluctuations.
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We offer the following regional Polymethyl methacrylate coverage to keep you informed of factors and developments affecting prices in the Asia Polymethyl methacrylate marketplace.
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Updated to Q4 2017
Asia supply for polymethyl methacrylate (PMMA) was tighter in Q4. Prolonged supply shortages, low inventory levels and regional turnarounds kept spot availability limited. On the other hand, the two new facilities in Saudi Arabia, which were seen to be a source of fresh spot volumes for PMMA and upstream methyl methacrylate (MMA), had not started production as expected, according to market players. Some sellers were also heard diverting their resources to produce MMA as opposed to PMMA for stronger margins.
Polymethyl methacrylate (PMMA) demand stayed relatively healthy in Q4, especially in the automotive sector. Buyers in the lighting, sheet-making and household sectors continued to take up spot volumes in the Asia market. However, most consumers were still cautious, considering the bullish market and strong spot prices, as well as the likelihood of fresh volumes coming from the new plants in Saudi Arabia. As such, procuring was mostly done on a need-to basis in limited amounts for the quarter.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Polymethyl methacrylate.
We offer unbiased and independent price reporting, with our price assessments being widely quoted as benchmarks in contracts.
Our information is collected from market participants by our global network of reporters, delivering unrivalled coverage of established and emerging markets, including China and Asia.
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.
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 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.