According to the analysis system of the commodity market of the Business Society, as of April 24th, the average price of domestic transparent grade premium PMMA was 14775.00 yuan/ton. This week, PMMA prices remained stable and maintained the previous trend, with no significant price fluctuations. Downstream procurement was mainly for immediate needs.

This week, the domestic general transparent grade premium product PMMA has been operating smoothly, while prices have remained stable compared to the same period last week. The purchasing atmosphere is cold, and downstream demand is insufficient. Currently, the quotation range of mainstream manufacturers is still around 14800 yuan/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 downstream purchases are just needed.

Rubber and Plastic Index: On April 23, the rubber and plastic index stood at 679 points, unchanged from yesterday, a decrease of 35.94% from the cycle’s highest point of 1060 points (2012-03-14), and an increase of 28.60% 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 Business Society believe that in the short term, PMMA will maintain stable operation and the range of price fluctuations is limited.