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The global Polymethyl Methacrylate (PMMA) market had mostly stable market conditions throughout September, with unfaltering supply flows, stable costs for feedstock methyl methacrylate (MMA), and balanced demand from the automotive and electronics industries against a backdrop of neutral market sentiment in China, the United States, and Germany with no major production or logistics interruptions. PMMA trading conditions remained calm, with participants proceeding cautiously with purchases among broader questions presented by macroeconomic fundamentals. Some logistics constraints (e.g., port delays) and variance in electric vehicle sales conditions are some additional challenges facing the market, but logistics situation and power vehicle sales were not serious drivers of PMMA prices because of available inventory and steady domestic production.
In China, PMMA General Purpose Grade CFR Shanghai prices were pegged at USD ****/MT on the week ending September *, ****, and were unchanged the following week, indicating value stability. Ample domestic production,...
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