According to the analysis system of the commodity market of SunSirs, as of July 28th, the average price of domestic transparent grade premium PMMA was 14,625 RMB/ton. In July, PMMA prices remained stable, maintaining around 14,600 RMB/ton. Downstream procurement was mainly for immediate needs, and the willingness to stock was not strong. The overall negotiation atmosphere was flat.

In July, the domestic general transparent grade premium PMMA operated smoothly, while prices remained unchanged compared to the same period last month. The atmosphere of fashion negotiations was cold and the downstream demand was average, with on-demand procurement being the main focus. Currently, the mainstream manufacturer's quotation range is still around 14600 RMB/ton, and the operating rate is stable. The overall market supply and demand is balanced, with manufacturers giving up profits and taking orders. Downstream procurement is just needed, and the enterprise quotation is Shanghai Hongqi Plastic Technology Co., Ltd. 14,500 RMB/ton.

Rubber and Plastic Index: On July 28th, the rubber and plastic index stood at 659 points, an increase of 1 point compared to yesterday, a decrease of 37.83% from the highest point in the cycle of 1,060 points (2012-03-14), and an increase of 24.81% 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).

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

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