polymethyl methacrylate price is constant across Asia, despite a dramatic drop in MMA price
On the polymethyl methacrylate (PMMA) front, polymethyl methacrylate prices were deemed constant across Asia, despite a dramatic drop in MMA pricing in China's domestic market. polymethyl methacrylate prices for general purpose (GP) are constant at $1,950-2,200/mt CFR China and $2,150-2,300/mt CFR Southeast Asia. With the historical oversupply of Methyl Methacrylate in the market across Asia, the declination in the trend is observed. However, polymethyl methacrylate market was firm due to moderate demand in its downstream market. Production challenges, including routine maintenance limits the prices of PMMA to dip further. India which majorly imports MMA from Southeast Asian countries had measured the significant fall in the prices due to backdrop in the deteriorating demand in the acrylic market. The emerge in the new Covid Variant had deterred the Southeast Asian market. Procurement activities had showcased the significant improvement as the prices were firmed due to its appl...