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MMA: The rise is rapid, and the market price breaks through a new high-the supply of cracked materials has dropped sharply, and the demand for new materials has grown at an amazing rate!

MMA: The rise is rapid, and the market price breaks through a new high-the supply of cracked materials has dropped sharply, and the demand for new materials has grown at an amazing rate!

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2018-03-12
  • Views:0

(Summary description) The overall trading atmosphere of the domestic methyl methacrylate market has become more rapid and fierce, and the overall supply side has become more and more tight. The overall market price is difficult to find, and the market continues to run at a high level.

MMA: The rise is rapid, and the market price breaks through a new high-the supply of cracked materials has dropped sharply, and the demand for new materials has grown at an amazing rate!

(Summary description) The overall trading atmosphere of the domestic methyl methacrylate market has become more rapid and fierce, and the overall supply side has become more and more tight. The overall market price is difficult to find, and the market continues to run at a high level.

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2018-03-12
  • Views:0
Information

  The content of this article comes from Jinlianchuang


   The overall trading atmosphere of the domestic methyl methacrylate market has become more rapid and fierce, and the overall supply side has become more and more tight. The overall market price is difficult to find, and the market continues to run at a high level. Some time ago, the overall domestic market price of methyl methacrylate increased, and the buying atmosphere for real orders in the market was mostly due to large-scale purchases by middlemen. The real orders of downstream terminal manufacturers are mostly orders before the Spring Festival, and the real orders are in the market. Buying orders are mostly based on just-needed replenishment. However, as the actual operating load rate of domestic methyl methacrylate downstream terminal manufacturers has shown a positive trend of increasing operation recently, the enthusiasm for real order enquiries has become more enthusiastic, and the purchasing atmosphere has been significantly boosted. The overall supply level of the domestic methyl methacrylate market has mostly maintained a tight operating trend, and market prices have continued to rise at a high level. At present, the high-end transaction price in the secondary market of methyl methacrylate in East China is above 20,800 yuan/ton; the transaction price in the secondary market of methyl methacrylate in South China has pushed up to above 22,000 yuan/ton. The overall market inquiries and trading enthusiasm are strong, and the overall domestic methyl methacrylate market supply will become more and more tight in the future, and the market price may show a high-level push-up operation trend.
   First of all, after the import of foreign waste is banned, the domestic cast board industry purchases new methyl methacrylate materials positively!
After the import of foreign waste was banned, many domestic pouring board manufacturers that purchase methyl methacrylate cracking materials have restricted their raw material procurement channels. Affected by this, they have to increase their purchases of new material methyl methacrylate. The actual procurement ratio has increased significantly, so the overall domestic methyl methacrylate market demand enthusiasm has been significantly boosted recently. The domestic methyl methacrylate cracking material is mostly used in the pouring board industry. The downstream of this industry is mainly in the fast-moving consumer goods industry related to the daily life of the people, such as advertising panels, polymer products, handicrafts, and furniture. Therefore, the overall consumption of cast slabs in my country is growing rapidly. my country is currently the world's No. 1 cast slab application market, and well-known foreign companies are exporting to my country.
   my country's cast board production capacity can reach 600,000 tons per year, and the overall production capacity is affected by the rapid development of downstream terminal demand, maintaining an average annual growth rate of 8% to 10%. The overall domestic production capacity of methyl methacrylate cracked feedstock for these products can reach nearly 300,000 per year in the early stage. However, due to the environmental protection factors of some manufacturers in the industry are substandard, high pollution, low output, and foreign waste is prohibited from importing and Environmental protection and other factors have reduced the actual production capacity by 150,000 tons/year in recent years. Affected by this, it is expected that the reduced output of methyl methacrylate in 2018 will be far greater than the total of Shandong's new methyl methacrylate production capacity. Affected by this, the overall supply of methyl methacrylate market continues to be tight recently!
Secondly, the domestic downstream terminal manufacturers of methyl methacrylate have gradually increased their start-up load recently. The initial raw material orders have basically been exhausted this week, and the terminals are in urgent need of replenishment production.
  In the early stage, domestic downstream end-users of methyl methacrylate still maintained a low load of actual orders, and the actual production was mostly based on early-stage inventory. With the recent gradual increase in the operating load rate of domestic downstream manufacturers of methyl methacrylate, the supply of raw materials in the early stage has been basically depleted in the near future, and the overall purchase of actual orders and the enquiry atmosphere have become more and more positive. In addition, the overall supply of methyl methacrylate is becoming more and more tight due to the impact of parking maintenance. Therefore, the market transaction price continues to actively push up the trend, and it is difficult to find low-priced sources.
  Third, the parking maintenance season of domestic methyl methacrylate manufacturers is gradually approaching recently, the supply is small, and the market price continues to rise.

Company name

Location

Parking inspection situation

Shanghai Lucite

Taiwan

Parking from February 26 to March 7, 2018

Huiling

Huizhou

Expected to park for 55 days from March to April 2018

Lucite

United Kingdom

Parking nearby for two months in the first quarter of 2018

Shandong Hongxu

Shandong

Starting from February 23, 2018, parking will resume in early March, and there is still a parking maintenance plan in April

Jilin Petrochemical

Jilin

Expect to park for 20-45 days around May 2018

Recently, domestic and foreign methyl methacrylate production enterprises have seen frequent shutdowns and maintenance. From March to April in China, Shandong Hongxu has plans for parking and maintenance to varying degrees. The company parked around February 23 until March. Normal operation resumed at the beginning of the month, and it is expected that there will be plans for parking for more than 15 days in April. In addition, from March to April, Huiling Chemical in South China plans to shut down its methyl methacrylate unit for 55 days for maintenance. In May, Jilin Petrochemical in Northeast China has a plan of 20-45 days for parking and maintenance. Affected by this, the overall domestic methyl methacrylate market supply has become more and more tight recently, and the overall supply and demand level of the market is hard to find. The market may continue to actively explore the upward trend.

 

The content of this article comes from Jinlianchuang
 

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