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Do people still see good prospects for the MMA market?

2015-07-16View Original

Thread Content

It seems that the price of MMA has not been very good since the New Year. While the overall economic downturn is a factor, the decline has been quite significant; it’s now approaching 10,000. Incidentally, last year it was close to 20,000. On the other hand, there is occasional information on newly built or under-construction facilities – has the domestic market already reached saturation? Although there are several domestic organizations that have independently developed MMA process technologies, do they really have to face such a tough situation before even starting production? What exactly is causing the low prices? Is the economy overall sluggish? Market saturation? Insufficient downstream demand? Please share your opinions; the more we communicate and discuss, the clearer things will become. I hope we can determine the direction for the development of MMA.
Reply #22015-07-17
The journey from research and development to production is long
Reply #32015-07-19
Currently, the export price of MMA is 11,130; due to reduced production at the acrylonitrile plants, MMA prices have risen.
Reply #42015-08-07
Currently, the price of MMA is 12,000 yuan per ton for pick-up; it will rise further this year!

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