Price trend
According to the data monitored by SunSirs, as of January 30, the average price of domestic general transparent PMMA was 14,875.00 RMB/ton. In January, the PMMA market was stable and the price remained unchanged. The mainstream market price was 15,000 RMB/ton. As of January 30, the overall market supply and demand of PMMA was balanced.
Analysis review
In January, the domestic PMMA market as a whole operated smoothly, with limited price fluctuation. The mainstream price was 15,000 RMB/ton. The operating rate was stable, and the supply and demand were balanced. The downstream just needed to purchase, and the manufacturer gave up the profit to ship. Enterprise quotation: Shanghai Hongqi Plastic Technology Co., Ltd. 14,800 RMB/ton.
Market outlook
PMMA analysts of SunSirs believe that PMMA is expected to run smoothly in the short term.
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