Recently, the domestic methyl methacrylate market price has reached a high level within ten years, and the overall supply level of the market has become more and more tense. The overall trading atmosphere of real single-listers has been on a high run, and the overall low-cost supply is difficult to find. The prices in the domestic mainstream market are maintained at around 25,000-26,000 yuan/ton, and the overall low-cost supply is difficult to find. Recently, at home and abroad, the methyl methacrylate production equipment has been frequently overhauled and stopped. In addition, the tight market price of cracked materials has been rising at a high level, and the market price of PMMA sheet metal has steadily increased. Therefore, it is expected that the domestic methyl methacrylate market price will continue to be high in the later period. Breaking through the highest price in history, the sharp rise is a foregone conclusion!
First of all, recent domestic and international methyl methacrylate plant shutdowns are focused on maintenance. Under the status of social inventory, the overall supply side continues to be tight, and the market price continues to rise sharply!
From April to May, domestic and overseas methyl methacrylate shutdown maintenance summary
|USA||Lucite||Starting in April starting for 60 days|
|Germany||Evonik||Starting in April starting for 10 days|
|Japan||Mitsubishi Chemical||Starting in April starting for 90 days|
|Thailand||Mitsubishi Loctite||Starting in April starting for 45 days|
|Korea||Lotte Chemical||Starting in April starting for 10 days|
|Singapore||Lucite||Starting in April starting for 10 days|
|China||山东宏旭||Starting in April starting for 55 days|
|China||吉林石化||Starting in April starting for 15 days|
|China||惠菱化成||Starting in May starting for 20-45 days|
Recently, the maintenance of methyl methacrylate units at home and abroad has become increasingly concentrated. In Europe, the UK’s Lucite has planned to stop for maintenance for sixty days starting in April, and Germany’s Evonik plans to stop and repair for ten days from April. In other parts of Asia, Japan’s Mitsubishi Chemical planned to stop for maintenance for 90 days starting in April. South Korea’s Lotte Chemical planned to stop for maintenance for 10 days in April, and Singapore’s Lottery plans to stop for over 10 days starting in April. In China, Huiling Huacheng planned to stop for maintenance for over 55 days on April 10. Shandong Hongxu plans to stop and repair for 15 days in April. Jilin Petrochemical planned to stop and repair for 20 to 45 days in May. Since the domestic and overseas methyl methacrylate-related main production facilities are in the state of centralized shutdown maintenance between April and May, it is expected that the overall supply level of the methyl methacrylate market will become more tense between April and May and it will be difficult to obtain In the background, market prices may show a trend of soaring movements.
Secondly, raw materials for methyl methacrylate cracking materials are insufficient, supply is tight, market prices have soared, and the market demand for accelerated new methacrylic acid materials is becoming more urgent.
Since July 2017, China has banned the import of foreign waste. Since the supply of raw materials for methyl methacrylate cracking materials in China has been insufficient, the supply of goods in the market has been drastically reduced, and prices have shown an explosive rise. At present, the domestic market price of methyl methacrylate cracking material has climbed to over 22,000 yuan/ton, and the overall supply level is very scarce, and the price has steadily increased. Affected by this, more and more downstream terminal manufacturers have recently begun to increase the purchase of new materials for methyl methacrylate, exacerbating the increasingly tense atmosphere of the overall supply of methyl methacrylate new material market in the near future.
Third, the market price of methyl methacrylate downstream pouring slabs and MMA rose steadily and the high market price of methyl methacrylate was transmitted to the terminal industry.
With the recent domestic market prices of methyl methacrylate new materials and cracking materials, the domestic methyl methacrylate downstream pouring board manufacturers have raised their own factory prices. At present, the market price of domestic pure cast-in-place slabs has been actively rising, especially for sanitary panels used in the construction of sound-insulating walls in public works and bathroom and other downstream terminal applications. The market price has climbed to 30000-32,000 yuan/ton, and Sales are very hot.
The overall industry of downstream pouring slabs and the overall market of methyl methacrylate have risen steadily, and the high-end price has been steadily transmitted. The acceptance rate is high, and the shortage of raw materials for cracking materials has increased, and the price of raw materials for cracking materials has stopped at the same time. Therefore, it is expected that the market price of methyl methacrylate will continue to rise in the late period!
April 4, 2018