Methyl Methacrylate (MMA) demand in the global market showed a mixed picture in late June ****, with some countries seeing modest drops and others continuing to stagnate. With little activity in either the upstream or downstream segments, MMA, a vital chemical intermediate utilized mainly in the manufacturing of polymethyl methacrylate (PMMA), paints, adhesives, and resins, has been navigating through a period of market calm.
In China, MMA prices showed a marginal dip and settling at USD ****/MT. This slight decline is attributed to weak market fundamentals and cautious downstream demand. While the prices of feedstock acetone remained stagnant, the derivative PMMA market also showed no significant recovery. The slight downward push in MMA pricing indicates oversupply pressures amid restrained procurement activity from PMMA producers and other end users.
Similarly, the Indian market echoed China鈥檚 trend with MMA prices settling lower...
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