The devices have been restored successively, and the spot supply in MMA market has been improved
Release Date: 2021-11-03   |   Concen: 375

In October, the domestic MMA market rose first and then declined. After the festival, the factory quotation increased, and the trade market rose. Shandong market took the lead in wide-ranging rise, and East and South China followed up slowly. After the rise in the middle of the year, the resistance of end users to high-end buying appeared, and the market opened a downward channel in the latter ten days. By the end of October, the reference price of East China secondary market was 13500-13700 yuan / ton, a decrease of 400 yuan / ton compared with the end of September. In summary, what is the price trend of MMA industry chain related products in October?

Downstream PMMA particles: the domestic PMMA market was weak after rising in October. After the festival, the MMA market rose broadly, and the particle cost side played a great supporting role. Due to the power restriction policy, the operation of the three particle enterprises in Jiangsu was unstable. At the same time, the source of imported goods was limited, and the market supply contracted. Supported by double positive factors, the price of goods holders mainly pushed up, but there were power restrictions in downstream industries, and the operation of terminal industries in Jiangsu, Zhejiang and Guangdong was not good, Just need to follow up the purchase, low prices are difficult to find, and the focus of negotiation is forced to rise. In the latter half of the year, the MMA market fell, the PMMA particle cost support weakened, coupled with the sluggish downstream demand, the mentality support of the cargo holders was insufficient, the shipment was made at a profit, and the transaction performance was poor. As of October 29, the reference price of domestic resources negotiation in East China was 16800-17300 yuan / ton, and the imported resources were 16800-18500 yuan / ton. Monthly related products butyl acrylate: domestic butyl acrylate rose first and then fell in October, perfectly showing the golden nine and silver ten. As of October 29, the reference price in Jiangsu was 17800-18000 yuan / ton, down 400 yuan / ton compared with September, a year-on-year decrease of 2.19%. At the beginning of the month, after the return of the small and long holiday, some parking and production reduction devices in the market were restored one after another, and the spot supply in the market was improved. However, there were many factory orders in the early stage, the factory mainly implemented the early orders, and the inventory level remained low. Therefore, the spot supply in the market was still tight. In addition, n-butanol, the raw material returned after the festival, stopped falling and rose instead, with fast rising speed and large range. The price of acrylic acid continued to increase, and the pressure of high cost increased; Due to the low stock volume before the festival, the positive inquiry after the festival and the increase of trading volume, both downstream and market participants strongly support the improvement of the market price focus. After mid month, first, the raw material n-butanol market continued to fall sharply, the price of acrylic acid peaked and fell, and the cost support decreased; In the downstream, due to power rationing and other factors, the operating load has decreased, the demand has decreased significantly, the market's intention to receive goods has decreased, and the trading volume is scarce, accelerating the downward trend of price near the end of the month.

Isobutylene, MMA, PMMA particles and butyl acrylate changed significantly. Comparing the monthly average prices of mainstream markets in September and October, the average price of isobutene in October increased by 970 yuan / ton, or 10.50%, and the price at the end of October increased by 1500 yuan / ton compared with the end of September; The average price of MMA in East China trade market in October increased by 511 yuan / ton or 3.70% compared with the average price in September, and the price decreased by 400 yuan / ton at the end of October compared with the end of September; The average price of MMA in South China market in October increased by 469 yuan / ton or 3.22% compared with the average price in September, and the price decreased by 550 yuan / ton at the end of October compared with the end of September; The average price of PMMA particles in East China market in October increased by 838 yuan / ton or 5.20% compared with the average price in September, and the price at the end of October increased by 400 yuan / ton compared with the end of September; The average price of butyl acrylate in East China market in October increased by 326 yuan / ton, or 1.79%, compared with the average price in September, and the price at the end of October decreased by 400 yuan / ton compared with the end of September.


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