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.
Updated to Q3 2018
Spot availability of polymethyl methacrylate (PMMA) in Asia was overall higher in the third quarter, especially amid curbed demand. Despite some planned turnarounds in the quarter, the significant influx of fresh cargoes from the two new facilities in Saudi Arabia raised supply levels. Relatively weak upstream markets in China continued to weigh on supply sentiment for PMMA. However, restricted operating rates and high feedstock costs continued to pose challenges for regional players outside of China.
Buying interest for PMMA was softer in the third quarter on the back of uncertainty caused by the US-China trade war. Consumers and traders typically obtained spot goods on a need-to basis and preferred to keep low stocks due to poor downstream demand, while others adopted a wait-and-see approach where possible. Significant losses in plastic-related polycarbonate (PC) markets also intensified the bearish mood for PMMA in China, considering that some substitution is possible.
We offer the following regional Polymethyl methacrylate analysis and news coverage to keep you informed of factors and developments affecting prices in the Asia Polymethyl methacrylate marketplace.
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Polymethyl methacrylate (PMMA) is the most important application for methyl methacrylate (MMA).
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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.
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