In the beginning of Qx xxxx, global market for Methyl Methacrylate (MMA) experienced a notable decline with significant regional variations. As MMA is used in the production of PMMA which is widely used in the production of various products including acrylic glass, adhesive and automotive parts its demand and supply directly depend on these sectors.
In China MMA price dropped to USD xxxx/tonne which is primarily driven by the decline in its derivative product PMMA. Despite this, the feedstock acetone remains stagnant. The downturn in MMA prices is largely attributed to the seasonal slowdown in the automotive sector which has seen weaker demand for vehicles. This decline in automotive sales follows a predictable seasonal trend which impacts the overall demand for MMA and its derivatives.
滨苍诲颈补鈥檚 MMA prices follow a downward trend while both PMMA and acetone remain...
