Home Latest PMMA PRICES FIND SUPPORT FROM RISING COSTS

PMMA PRICES FIND SUPPORT FROM RISING COSTS

June 23, 2021

PMMA prices find support after production disruptions reduce supply and increase costs of MMA.

Polymethyl methacrylate (PMMA) will likely increase more than expected because of another increase in costs.

The increase in Q3 2021 will most probably be higher due to developments in MMA.

The methyl methacrylate (MMA) market suffered another setback recently after Roehm, a major producer, declared force majeure (FM).

The company issued a press release and blamed a technical issue at its plant in Worms, Germany.

PMMA prices find support also because demand showed resilience despite some slowdowns in construction, automotive, and protective sheets.

The most recent forecasts point to a PMMA price increase in Europe of around €300/mt from Q2 to Q3.

PMMA monthly price change

PMMA prices have been on an upward trend since the second half of 2020. However, supply issues and ongoing strong demand accelerated the upside momentum in 2021.

%d bloggers like this: