China’s domestic PMMA market runs smoothly

According to the data monitored by the business agency, as of May 11, the average price of PMMA, a domestic general transparent high-grade product, was 17066.67 yuan / ton, and the market maintained stable operation. The quotation range of mainstream manufacturers was 16000-17500 yuan / ton, and the focus of negotiation was stable. The downstream just needed to purchase.

The upstream phenol market rose significantly, the factory rose again, and the raw material pure benzene turned to be good. Under the support of the good situation, the cargo holders pushed up again, the terminal gradually turned to just need procurement, and the trading volume declined. Phenol commodity index: on May 10, the phenol commodity index was 70.92, up 1.66 points from yesterday, down 29.08% from the highest point of 100.00 points in the cycle (2011-09-01), and up 90.44% from the lowest point of 37.24 points on April 7, 2020( Note: period refers to the period from September 1, 2011 to now).

Business community PMMA analysts believe that: in the short term, the price of PMMA will run smoothly, and the demand for purchasing will be the main factor( If you want to get more information about goods and master the price of goods, you can subscribe to the business community through the official account of the business community.

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