According to the analysis system of the commodity market of the Business Society, as of November 14th, the average price of PMMA, a general transparent and high-quality product in China, was 14566.67 yuan/ton. This week, the price of PMMA showed a narrow and weak trend, and compared to the same period last week, the price remained stable. Downstream demand procurement was the main focus of negotiations, and the focus of negotiations was stable.

This week, the general transparent grade premium product PMMA in China has shown a stable and weak trend. Compared to the same period last week, the price has remained stable, the purchasing atmosphere is average, and downstream demand is insufficient. Currently, the quotation range of mainstream manufacturers is still around 14600 yuan/ton. The operating rate is stable, and the overall market supply and demand is balanced. The factory has given up on profits and taken orders, and the cost support is weak. Downstream procurement is mainly based on demand, and the willingness to hoard goods is not obvious.

Rubber and Plastic Index: On November 13, the rubber and plastic index was 675 points, a decrease of 1 point from yesterday, a decrease of 36.32% from the highest point in the cycle of 1060 points (2012-03-14), and an increase of 27.84% 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 remain weak and stable, with a limited range of price fluctuations.