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.
Updated to Q1 2019
Methyl methacrylate (MMA) supply in Asia is seen as varied. While the market could be inundated with cargoes from China and imported Middle East material, upcoming turnarounds and production adjustments could exert some supply counterbalance. New players are anticipated to actively sell their cargoes and compete for market share.
Consumer demand for methyl methacrylate (MMA) in Asia is foreseen to be down. Buyers are more inclined to keep low stocks and take time to consider the various supply options. The outlook will hinge on downstream performance and cost competitiveness for end-users, on top of any macroeconomic changes.
The market is expected to remain well supplied in Q1, with local production running well and increased imports. Higher imports are exerting pressure on spot prices, with decreases expected.
There is traditionally an uptick in demand in the first quarter, as players replenish stocks after the Christmas break. There was extensive industry de-stocking in 2018, as players bought on a hand-to-mouth basis in anticipation of further price drops. There will also be some inventory build up ahead of Brexit, with players increasing safety stock for the transition.
US supply of methyl methacrylate (MMA) is likely to remain tight throughout the first quarter of 2019, as the market has been short for most of the previous year. Supply could tighten further near the end of the quarter as Evonik has its turnaround at the 160,000 tonnes/year plant in Fortier, Louisiana in March.
Demand for US methyl methacrylate (MMA) is expected to remain strong into the first quarter of 2019 as consumption from the coatings sector is expected to remain high because of the strong US economy. Orders for January delivery were abundant.
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 (MMA) is polymerised to form PMMA (also known as plexiglass), lubricant viscosity modifiers, emulsions, dispersions and coatings.
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.
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