According to the data monitored by SunSirs, as of January 13, the average price of PMMA for domestic general transparent premium products was 14,875.00 RMB/ton, and the price was stable last week. Compared with the same period last week, the price change was not obvious. At present, the market supply and demand are balanced and the delivery is slow.

Last week, the domestic general transparent premium PMMA operated smoothly, and the logistics was gradually shut down near the end of the year. The range of quotations from mainstream manufacturers remained around 15,000 RMB/ton. The overall market supply and demand was balanced. The manufacturers gave up profits and took orders, and the downstream just needed to purchase. The enterprise quotation: Shanghai Hongqi Plastic Technology Co., Ltd. 14,800 RMB/ton.

Rubber and plastic index: On January 12, the rubber and plastic index was 664 points, which was the same as the previous day, decreased by 37.36% from the highest point of 1,060 points in the cycle (2012-03-14), and increased by 25.76% from the lowest point of 528 points on April 6, 2020. (Note: the period refers to 2011-12-01 to now)

SunSirs PMMA analysts believe that PMMA market will maintain stable in China in the short term.

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