According to the analysis system of the commodity market of SunSirs, as of July 27th, the average price of PMMA, a general transparent and high-quality product in China, was 14,625.00 RMB/ton. This week, PMMA prices remained stable and maintained the previous trend, with no significant price fluctuations. Downstream demand procurement was the main focus.

This week, the domestic general transparent grade premium product PMMA has been operating smoothly. Compared to the same period last week, the price has remained stable. The purchasing atmosphere is cold and the downstream demand is average. Currently, the quotation range of mainstream manufacturers is still around 14,600 RMB/ton. The operating rate is stable, and the overall market supply and demand is balanced. The factory has given up profits and taken orders, and the downstream just needs to purchase. The enterprise quotation is Shanghai Hongqi Plastic Technology Co., Ltd. 14,500 RMB/ton.

Rubber and Plastic Index: On July 26th, the rubber and plastic index stood at 657 points, an increase of 1 point from yesterday, a decrease of 38.02% from the highest point in the cycle of 1,060 points (2012-03-14), and an increase of 24.43% from the lowest point of 528 points on April 6th, 2020. (Note: The cycle refers to the period from December 1st, 2011 to the present).

SunSirs PMMA analysts believe that PMMA will mainly maintain stable operation in the short term.

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