According to the analysis system of the commodity market of the Business Society, as of April 14th, the average price of PMMA, a general transparent and high-quality product in China, was 14775.00 yuan/ton. This week, PMMA prices were running smoothly, with no significant price fluctuations, and downstream procurement was mainly based on demand.
This week, the domestic general transparent grade premium product PMMA has been operating smoothly, while prices have remained stable compared to the same period last week. The purchasing atmosphere is cold, and downstream demand is insufficient. Currently, the quotation range of mainstream manufacturers is still around 15000 yuan/ton. The operating rate is stable, and the overall market supply and demand is balanced. The factory has given up profits and taken orders, and downstream purchases are just needed.
Rubber and Plastic Index: On April 13, the rubber and plastic index was 675 points, a decrease of 1 point from yesterday, a decrease of 36.32% from the highest point in the cycle of 1060 points (2012-03-14), and an increase of 27.84% from the lowest point of 528 points on April 6, 2020. (Note: The cycle refers to the period from December 1st, 2011 to the present).
PMMA analysts from Business Society believe that PMMA will maintain stable operation in the short term.
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