70 likes | 90 Views
During the first quarter of 2022, Polymethyl methacrylate Demand in North America showed mixed sentiments. Due to the high feedstock Methyl Methacrylate price, PMMA prices increased in January. Increased demand from downstream industries, including construction, electronics, and energy, pushed prices upwards. The low production rate caused a lack of inventories in the regional market that failed to meet domestic requirements. Although, in last month of the quarter, the prices of PMMA in the United States weakened.
E N D
Poly Methyl Methacrylate Price Trend and Forecast During the first quarter of 2022, Polymethyl methacrylate price in North America showed mixed sentiments. Due to the high feedstock Methyl Methacrylate price, PMMA prices increased in January. Increased demand from downstream industries, including construction, electronics, and energy, pushed prices upwards. The low production rate caused a lack of inventories in the regional market that failed to meet domestic requirements. Although, in last month of the quarter, the prices of PMMA in the United States weakened. The decline in the prices was attributed to the plentiful supplies and weak trading activities, which revived in March 2022. Along with the gloomy market sentiment, downstream demand appeared to be bearish. Polymethyl Methacrylate General Purpose DEL Texas (USA) prices were USD 3200/MT during March 2022. https://www.chemanalyst.com/Pricing-data/polymethyl-methacrylate-50
Find the price of Polymethyl methacrylate Price of Polymethyl Methacrylate showed an upward trajectory in the Asia-Pacific region during the first quarter of 2022, owing to the surge in the feedstock prices of Methyl Methacrylate. South Korea is a significant exporter and faced a shortage in the domestic market due to the resurgence of covid cases towards the end of the quarter. Consequently, production rates and trade activities were hampered amidst the repercussions of covid and the Russia Ukraine war. Therefore, high freight charges disrupted supply chains, resulting in a supply shortfall in the region. Polymethyl Methacrylate General Purpose CFR JNPT (India) prices were assessed at 2436/MT during March. Overall, The PMMA market outlook remained positive in Q1. https://www.chemanalyst.com/Pricing-data/polymethyl-methacrylate-50
Market of Polymethyl methacrylate demand In contrast to the last quarter of 2021, Polymethyl Methacrylate showed positive market sentiments in Europe during Q1 2022. Polymethyl Methacrylate General Purpose CFR JNPT prices were assessed at 2436/MT during March. Overall, The PMMA market outlook remained positive in Q1.
Contact Us: ChemAnalyst Contact No:- +1 3322586602 E-Mail:- sales@chemanalyst.com websites:- www.chemanalyst.com