Polymethyl methacrylate (PMMA) is published by ICIS weekly in Asia and Europe. These reliable and trustworthy reports include price assessments for spot general purpose in Asia and contract for standard grade in Europe.
Our locally-based reporters gather market intelligence to give unbiased information on market overviews, outlooks, feedstock updates and any other influencing factors driving the prices. This up-to-date news and analysis can help you to make informed commercial choices.
Updated to Q1 2019
Spot availability of polymethyl methacrylate (PMMA) in Asia was varied in Q1 2019, but largely abundant. A fairly new unit in Saudi Arabia faced unexpected disruptions on upstream troubles and was shut over several months. Despite this, regional stockpiles remained ample. Most suppliers were required to suppress operating rates and sell actively, in light of a fresh entrant in China. For Japanese makers, selling pressures were said to have intensified ahead of their fiscal close.
Buying interest for PMMA slumped in Q1 2019, as opposed to expectations of a slight demand recovery after the Lunar New Year holidays. Various economic uncertainties circled, such as the ongoing US-China trade talks and China’s tax cut for manufacturing. Buyers opted to obtain small containers for short-term requirements, citing limited downstream orders. Traders also stayed cautious amid the sustained price downtrend, taking goods on a back-to-back basis.
European polymethyl methacrylate (PMMA) supply lengthened in the first quarter, amid solid local production and increased imports. Material was readily available from both Asia and the Middle East, adding to pricing pressure in the region. Prices remain under pressure from upstream methyl methacrylate (MMA) pricing drops.
Demand from the automotive sector remains weak, and an area of concern for the market. There was also hesitation from consumers, in anticipation of further price decreases. The first quarter is also a lower demand period for the construction sector.
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Polymethyl methacrylate (PMMA) is the most important application for methyl methacrylate (MMA).
Polymethyl methacrylate (PMMA) is an acrylic polymer that has high ultraviolet (UV) resistance and is available as resin or sheet. About two-thirds of consumption is in sheets produced by extrusion or casting, while the remainder is moulded into various shapes.
PMMA’s primary use is in car headlamps and taillights. The second-largest use is in construction (pool and sanitary ware, architectural fittings), and glazing/signage.
A growing sector for PMMA is in electronic applications, such as flat screen televisions and liquid crystal displays (LCD’s).
Other uses are household appliances, optical media (DVDs, lenses), electronics, mobile phone displays, cosmetics packaging, toys, pens and furniture.
PMMA is available as a white powder or clear plastic sheet, is stable and non-hazardous, but incompatible with strong oxidising agents. It is combustible and in powder form is harmful by ingestion or inhalation.