In early March聽****, Poly Methyl Methacrylate (PMMA)聽markets in the USA tightened sharply as war risk from the Middle East, including escalating strikes between U.S.鈥揑sraeli forces and Iranian targets, rippled across feedstock, logistics, and import corridors. The spectre of conflict in the Strait of Hormuz and heightened global tensions added a new premium to PMMA pricing, with buyers reacting to both traditional commercial drivers and geopolitical uncertainty.
After a subdued late February phase, PMMA sentiment shifted dramatically as distributors accepted small premiums to secure March PMMA cargoes, wary that ongoing U.S. operations in Iran could disrupt Gulf imports. The war risk prompted converters to rebuild safety stocks of PMMA, especially given reliance on a handful of polymerisation lines that now face potential logistical bottlenecks. Automotive and construction demand remained supportive, with automotive compounders accounting for nearly one quarter of total PMMA offtake, a factor that...
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