Roehm increases PMMA prices in Europe, effective from January 1.
A recent note on the company’s website, issued on Monday 8 February, states that the the increases will be €150/mt.
Meanwhile, the reason given for the increase is the “sharp rise in raw material costs.”
Roehm increases PMMA prices amid a backdrop of high MMA prices and a shortage of its precursor acetone.
In fact methyl methacrylate (MMA), the key raw material, has experienced a steady and steep increase in prices in recent months.
For some participants, MMA spot prices recently climbed to above €1,800/mt. However, contract buyers note prices have increased but remain substantially below this level.
It seems that the European PMMA market has progressed in line with many other polymers during the past few months.
While demand has moved along at a healthy pace, the pandemic has disrupted supply chains, causing shortages, long lead times, and higher prices.