According to the Commodity Market Analysis System of SunSirs, as of September 26th, the average price of PMMA, a general transparent premium product in China, was 14,925.00 RMB/ton. This week, the PMMA price showed a narrow and strong trend, with an overall increase of 2.05%. Downstream procurement is mainly for immediate needs.

Last week, the general transparent grade premium product PMMA in China remained stable and strong, with a price increase of 2.05% compared to the same period last week. The purchasing atmosphere was average, and downstream demand was average. Currently, the quotation range of mainstream manufacturers remains around 14,925 RMB/ton. The operating rate is stable, and the overall market supply and demand is balanced. Manufacturers are offering discounts and taking orders, while downstream procurement is the main focus. The enterprise quotation is Shanghai Hongqi Plastic Technology Co., Ltd. at 14,800 RMB/ton.

Rubber and Plastic Index: On September 25th, the rubber and plastic index was 707 points, a decrease of 2 points from yesterday, a decrease of 33.30% from the highest point in the cycle of 1,060 points (2012-03-14), and an increase of 33.90% 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 in the short term, PMMA will mainly maintain stable operation, with a narrow range being stronger.

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