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[Industry Reports]：Methyl Methacrylate MMA market continues to be weak, and the overall market trading atmosphere continues to be deadlocked.

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In recent years, the domestic methyl methacrylate overall market continued to be weak, downstream end users to maintain the purchase operation, the overall market trading atmosphere continues to be deadlocked, the market actual single trading atmosphere slightly lighter, the actual single purchase atmosphere to maintain a cautious wait-and-see attitude.

Data Source: Jin Lianchuang

In recent years, the overall domestic methyl methacrylate market continued to weaken, downstream end users to maintain just need to buy operations, the overall market trading atmosphere continued to deadlock, the market real single trading atmosphere slightly light, the real single purchase atmosphere to maintain a cautious wait-and-see attitude. Due to the recent domestic methyl acrylate overall market prices continue to fall, hovering near the cost line of major domestic methyl acrylate manufacturers. Under cost pressure, they have maintained the trend of finishing operations, and it is difficult to find low-cost sources in the market. East China methyl acrylate 10700-10800 yuan/ton. The mainstream trading of methyl methacrylate in South China is close to 11100-11300 yuan/ton.

is recently in mid-to-late August, close to the domestic methyl methacrylate traditional sales season, the domestic methyl methacrylate downstream overall investment atmosphere overall market continues to only need to buy, do not rule out at the end of August and the beginning of September, the domestic methyl methacrylate downstream terminal purchase demand table will have a certain improvement, the market purchase atmosphere may gradually improve.

Recently, due to the continued weakness of the domestic methyl methacrylate market price, the domestic methyl methacrylate cracking material is in a state of shutdown or load reduction. Therefore, in recent years, the overall supply level of domestic methyl acrylate cracking material products has continued to be tight. Therefore, some domestic downstream manufacturers of methyl methacrylate, which mainly focus on cracking materials, may purchase new methyl methacrylate due to problems such as tight supply of methyl methacrylate cracking materials and market prices, which may, to a certain extent, promote the domestic methyl methacrylate new market single procurement atmosphere.

In addition, early high temperatures in some areas may gradually ease in mid-August and late August. Some time ago, due to the influence of high temperature, the start-up load rate of methyl methacrylate downstream terminal production enterprises may gradually return to normal operation. Therefore, the level may have some boosting trend.

the overall market supply level of methyl methacrylate upstream of the
may maintain the trend of integrated operation, the actual operating load rate of some methyl methacrylate manufacturers will gradually maintain a normal level, and the overall market supply level may maintain a normal level. The actual market time for some new methyl methacrylate capacity will also remain at the end of September to the end of October. Therefore, in general, the domestic new methyl methacrylate actually has little impact on September.

However, with the overcapacity of methyl methacrylate in China, the supply of domestic methyl methacrylate production enterprises in the main market areas is relatively stable, providing effective conditions for downstream end users of the overall domestic methyl methacrylate market. The overall sales of domestic methyl methacrylate are mainly contracts and the overall retail market. Due to the rich supply level, downstream end users mainly consume their own contracts, and the real single retail warehouse only needs to purchase.

predicts that from the end of August to September, the overall market demand level of methyl methacrylate in China may gradually increase, and the actual order demand level of downstream terminals may be higher than that of July to the beginning of August. The actual order purchase in the market will maintain its own rigid demand purchase operation. Suggest short-term trading and wait for clear news guidelines.

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