The PMMA market was mainly stable in August

According to the analysis system of the commodity market of the Business Society, as of August 31, the average price of domestic transparent grade premium PMMA was 14625.00 yuan/ton. In July, the PMMA price remained stable and maintained around 14600 yuan/ton, with downstream procurement being the main demand and weak willingness to stock up. The overall negotiation atmosphere was flat.

 

povidone Iodine

In August, the domestic general transparent grade premium PMMA operated smoothly, while prices remained unchanged compared to the same period last month. The atmosphere of fashion negotiations was cold and the downstream demand was average, with on-demand procurement being the main focus. Currently, the quotation range of mainstream manufacturers is still around 14600 yuan/ton, and the operating rate is stable. The overall market supply and demand is balanced, with manufacturers offering discounts and taking orders. Downstream procurement is just in need.

 

Rubber and Plastic Index: On August 30th, the rubber and plastic index stood at 679 points, an increase of 2 points from yesterday, a decrease of 35.94% from the highest point in the cycle of 1060 points (2012-03-14), and an increase of 28.60% from the lowest point of 528 points on April 6th, 2020. (Note: The cycle refers to the period from December 1st, 2011 to the present).

 

PMMA analysts from Business Society believe that PMMA will mainly maintain stable operation in the short term.

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