According to the analysis system of the commodity market of SunSirs, as of June 30th, the average price of PMMA, a general transparent and high-quality product in China, was 14,700.00 RMB/ton. Last week, PMMA prices remained stable and maintained the previous trend, with no significant price fluctuations. Downstream purchases were mainly for immediate needs.

In June, the domestic general transparent grade premium product PMMA operated smoothly, with prices remaining unchanged compared to the same period week. The purchasing atmosphere was cold, and downstream demand was average. Currently, the quotation range of mainstream manufacturers remains around 14,800 RMB/ton. The operating rate is stable, and the overall market supply and demand is balanced. Manufacturers are offering discounts and taking orders, and downstream purchases are just needed. The enterprise quotation is Shanghai Hongqi Plastic Technology Co., Ltd. at 14,500 RMB/ton.

Rubber and Plastic Index: On June 28, the rubber and plastic index stood at 643 points, unchanged from yesterday, a decrease of 39.34% from the cycle's highest point of 1,060 points (2012-03-14), and an increase of 21.78% from the lowest point of 528 points on April 6, 2020. (Note: The cycle refers to the period from December 1st, 2011 to the present).

China PMMA analysts believe that in the short term, PMMA will maintain stable operation and the range of price fluctuations is limited.

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