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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News & Analysis - News & market analysis specifically relating to Polymethyl methacrylate
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Updated to Q3 2017
Asia’s polymethyl methacrylate (PMMA) supply was limited in Q3, due to persistent supply shortage in recent months, strong upstream costs and regional plant maintenance. Other disruptions such as Hurricane Harvey caused spot supply to be further tightened. Although both PMMA and feedstock methyl methacrylate (MMA) spot prices climbed upwards, the spread between PMMA and feedstock MMA prices remained at negative levels. In this situation, sellers expressed that it was not profitable to produce PMMA and reduced their spot volumes. As such, price hikes were initiated by key manufacturers such as Sumitomo and Chimei, in order to reflect such upstream costs and maintain PMMA production levels in early September. Towards late Q3, spot PMMA prices edged above those of MMA in southeast Asia, providing some profit incentive to make PMMA from a seller’s perspective.
Asia’s demand for polymethyl methacrylate (PMMA) was mostly steady in Q3, for both general purpose and optical grades. This was in view of limited spot supply and rising spot prices. Spot prices rose quarter-on-quarter by 4% and 8% respectively for the southeast (SE) Asia and China import markets in end September. With PMMA prices increasing, most consumers adopted a cautious approach, purchasing in limited amounts to fulfil business obligations. In China, domestic demand increased slightly in late September, with buyers pre-stocking prior to the Golden Week holiday in early October.
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.