Home Latest News & Insights PMMA PRICES STABLE AMID FALLING GAS PRICES

PMMA PRICES STABLE AMID FALLING GAS PRICES

March 17, 2023
prices

PMMA prices stable amid falling gas prices. Polymethyl methacrylate (PMMA) prices in March have generally remained stable. They also weakened slightly in some segments, according to GC Intelligence assessments.

Factors such as falling gas prices, strong competition from imports, and weak demand have contributed to these trends.

Price forecasts for the foreseeable future suggest a continuation of these trends, limiting prospects for a rebound this year.

Subdued demand is expected in key markets such as the sheet industry, automotive, and electrical and electronics sectors, with companies likely to face ongoing production slowdowns and restructuring.

ower gas prices have improved the outlook, but the ongoing war is expected to maintain high energy prices.

Demand has struggled to gain momentum in March, with persistent subdued activity in industries such as automotive, consumer goods, and construction.

he supply landscape remains consistent, with buyers experiencing minimal sourcing challenges due to subdued demand and competitive imports.

If the current weak situation persists or worsens, there is a risk suppliers will shut production.

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