According to the analysis system of the commodity market of Shengyishe, as of November 28th, the average price of PMMA for general transparent grade premium products in China was 14,566.67 RMB/ton. PMMA prices were mainly weak in October, with an overall decrease of 0.23% in November. Currently, prices remain around 14,600 RMB/ton, with downstream rigid demand procurement being the main focus. The overall market supply and demand are balanced, and the negotiation atmosphere is flat.

In November, the price of PMMA, a commonly used transparent premium product in China, remained stable and weak, with a 0.23% decrease in price compared to the same period last month. The market negotiation atmosphere was average, and downstream demand was insufficient, with on-demand procurement as the main focus and weak willingness to stock up. Currently, the mainstream manufacturer's quotation range is still around 14,600 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 suppliers are in urgent need of procurement, Enterprise quotation: Shanghai Hongqi Plasticization Technology Co., Ltd. 14,800 RMB/ton.

Rubber Index: On November 27th, the rubber index was 668 points, a decrease of 1 point from yesterday, a decrease of 36.98% from the highest point in the cycle of 1,060 points (2012-03-14), and an increase of 26.52% from the lowest point of 528 points on April 6, 2020. (Note: The cycle refers to 2011-12-01 present).

SunSirs PMMA analysts believe that in the short term, PMMA will mainly maintain stable operation, with mainstream prices maintained at around 14,600 RMB/ton.

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