Home Latest News & Insights EU PMMA MARKET DYNAMICS: MARCH 2024 OVERVIEW

EU PMMA MARKET DYNAMICS: MARCH 2024 OVERVIEW

March 19, 2024
pmma

EU PMMA market dynamics: March 2024 saw the European PMMA market in flux, with MMA shortages driving triple-digit price increases, notably a €130 rise in extrusion.

Supply challenges, spurred by delays from Asia and Saudi Arabia, and exacerbated by the Suez Canal disruptions, have tightened MMA and PMMA availability.

Despite a general demand stagnation across sectors, necessary reliance on domestic supplies slightly rose, reflecting adjustments rather than market growth.

Import delays continue to constrain MMA supply, with logistics issues hinting at some relief by mid-year as delayed shipments arrive.

The European PMMA market is navigating between supply constraints and weak demand, with competitive pressures especially in the sheet markets, indicating ongoing adjustments.