China’s domestic PMMA market keeps stable operation

According to the data monitored by the business community, as of April 21, the average price of domestic general transparent and premium PMMA products was 16700.00 yuan / ton, and the market maintained stable operation. The quotation range of mainstream manufacturers was 16000-17500 yuan / ton, with a large price span, and the downstream just needed to purchase.

 

The consumption structure of PMMA in the world is mainly divided into PMMA sheet and PMMA molding compound, of which the share of sheet is about 52% and that of molding compound is 48%. The demand of PMMA consumption in Asia is the fastest growing. The demand of PMMA products in China is increasing, and it is widely used in manufacturing industry. The consumption market of PMMA is huge.

 

Rubber and plastic index: on April 20, the rubber and plastic index was 797 points, down 1 point from yesterday, down 24.81% from 1060 points (2012-03-14), the highest point in the cycle, and up 50.95% from 528 points, the lowest point on April 6, 2020. (Note: period refers to the period from December 1, 2011 to now)

 

Business community PMMA analysts believe: in the short term, PMMA prices maintain a stable trend, supply and demand balance. (to get more information about goods and to grasp the price of commodities, welcome to subscribe to the business community through the official account of the business community, the market is the opportunity).

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