Trinseo announces price increases on methyl methacrylate (MMA), according to a note on its website.
From 1 June 2021, “all or as existing contract terms allow”, MMA prices will increase €200/mt.
This announcement comes against a backdrop of renewed tightness for MMA and strong demand.
In the past few days, Roehm has declared force majeure on (MMA), citing technical problems at its plant in Worms, Germany.
Moreover, market sources also noted an increase in enquiries from the US, pointing to further tightness in the region.
Further downstream, activity overall remained healthy, even if there is some slowdown in sheet demand.
Prices in Q3 will likely post much bigger than expected increases for both polymethyl methacrylate (PMMA) and MMA.