Hamburg, (Germany): During the third week of August, Polymethyl Methacrylate (PMMA) prices continued facing pressure across the European market. Even though trading activity turned sluggish amid the ongoing seasonal lull with most market participants staying away from business activities, prices gained owing to supply constraints. Current pricing trends are chiefly being determined by supply-side factors with the regional market experiencing reduced import shipment inflows. Market observers anticipate a fall in import volumes toward September&#xx;s end.
Prices of PMMA have significantly increased in the German market on account of supply disbalances. The feedstock Methyl Methacrylate prices have been observed on the higher end, resulting in the high production cost of PMMA in the domestic market, leading to an upward shift in the price realization of PMMA. In addition, the domestic supply of PMMA remains tight, with producers operating at reduced rates and several manufacturers have...
