According to the data monitored by SunSirs, as of December 28, the average price of PMMA for domestic general transparent premium products was 14,875.00 RMB/ton. The PMMA market showed a downward trend in December, with an overall decline of 7.32% in December. At present, the mainstream price in the market is 15,000 RMB/ton. At present, the overall market supply and demand of PMMA is balanced.

In the first ten days of December, as of December 9, the PMMA market was stable and weak. The downstream procurement atmosphere was general, with an average price of 15,500.00 RMB/ton. Compared with the price at the beginning of December, the price fell by 0.8%. The quotation range of mainstream manufacturers remained about 16,000 RMB/ton. The overall market supply and demand were balanced, and the operating rate was stable. Manufacturer's quotation: Shanghai Hongqi Plastic Technology Co., Ltd. 15,500 RMB/ton.

In the middle of December, the price of PMMA kept stable operation, with no obvious price fluctuation. The average price of PMMA was 15,500.00 RMB/ton, and the quotation range of mainstream manufacturers was about 16,000 RMB/ton. The downstream just needed to purchase. The manufacturers gave up their profits and took orders. Affected by public reasons, the logistics was slow, the shipment was not smooth, and the narrow range was weak in the short term.

In late December, the PMMA price continued to decline in a weak way. The manufacturer's price decreased, with the average price at 14,875.00 RMB/ton, and the price dropped 4.03%. The overall market was dominated by weak operation, the focus of negotiation was low, and the shipment was slow. The mainstream price remained at about 15,500 RMB/ton.

Rubber and plastic index: On December 27, the rubber and plastic index was 667 points, up 1 point from yesterday, down 37.08% from the highest point in the cycle 1,060 points (March 14, 2012), and up 26.33% from the lowest point 528 points on April 6, 2020. (Note: the cycle refers to the period from December 1, 2011 to the present).

According to the PMMA analyst of the Business Society, it is expected that PMMA will be dominated by weak operation in the short term, with the price at about 15,500 RMB/ton.

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