The recent domestic MMA market continues to run smoothly and high supply trend, raw material prices remain high, tight supply-side inventory, downstream buying atmosphere, the market mainstream trading prices hovering around 15,000 yuan / ton, the market is limited space for negotiation, the market is difficult to find low-priced sources of goods.

Raw material prices remain high

Recent domestic MMA raw materials acetone hydroxide market overall supply of tight running trend, one is because the acetone hydroxide upstream raw materials overall operating load to maintain a low level of production of raw materials. One is because the acetone hydroxide production costs continue to increase, manufacturers are not willing to start work, so the overall domestic market supply of acetone is tight. By this raw material acetone market price high push up, MMA market costs increased, so the market price continues to run at a high level of consolidation trend.

MMA overall supply is tight

With the gradual alleviation of the epidemic in the severe areas of the domestic epidemic, the overall domestic demand level has a certain immediate need to replenish the boost, so the actual domestic demand level shows a gradual positive trend to run. However, the actual domestic MMA start-up load rate recently showed a low running trend, MMA raw material inventory shortage supply tight.

MMA downstream buying atmosphere boosted

With the epidemic easing, the actual start-up load rate of MMA downstream terminal manufacturers gradually increased, and the market real single purchase inquiry atmosphere maintained a good trend of finishing. In particular, some domestic MMA downstream manufacturers are running at low load due to the epidemic factor, and the inventories of raw materials and finished products are kept low. Therefore, with the gradual increase of the overall working load in recent time, the market atmosphere of actual order buying remains positive, and the downstream demand is boosted.

Overall, the downstream industry in the case of the epidemic situation has slowed down the demand performance is better, MMA tight supply prices remain high, the recent need to continue to pay attention to the supply side of the news changes. It is expected that the short-term market may maintain a high level of adjustment, focusing on the MMA device operating dynamics and downstream demand performance.