Introduction
Entering September, it was the traditional peak season for domestic methacrylic acid sales. The overall supply level of the market continued to operate tightly. The real order transaction level continued to organize upward movements, and the downstream real order purchases maintained a cautious wait-and-see attitude.
Entering September, it was the traditional peak season for domestic methacrylic acid sales. The overall supply level of the market continued to operate tightly. The real order transaction level continued to organize upward movements, and the downstream real order purchases maintained a cautious wait-and-see attitude. The overall trading level of the market continued to stalemate and tidy up the trend, and the real order purchase level of the market remained rigid. The mainstream transaction price was 15600-15800 yuan/ton. In addition, the focus of real order transactions in some regions tends to be high-end.
The overall domestic methacrylic acid market continued tight supply in September. Due to the slightly low overall operating load rate of domestic methacrylic acid production enterprises in September, the market supply level showed a tight operation trend. Some domestic methacrylic acid plants still failed to resume operation early this month. In addition, since the overall trading and purchasing atmosphere of domestic methyl methacrylate was maintained in September, and the real order volume in the market was significant, the domestic methacrylic acid and its ester equipment mostly used the production of methyl methacrylate in September. Mainly, the actual production volume of methacrylic acid products is obviously low.
Recently, the overall operating load rate of foreign methacrylic acid plants has maintained low operation, and some foreign methacrylic acid plants are in the state of shutting down for maintenance as a whole. Therefore, in the recent period, the source of domestic imports of methacrylic acid has been significantly reduced. The market price of imported brand methacrylic acid shows a trend of continuous high operation, and the market premium of domestic brand methacrylic acid is as high as 3000 yuan/ton. Affected by this, the overall trading level of methacrylic acid in the domestic market is relatively active. In addition, due to the centralized shutdown of foreign methacrylic acid plants for maintenance, the recent domestic methacrylic acid export enquiry atmosphere has also maintained a positive trend.
In September, the performance of domestic methacrylic acid downstream major demand areas was acceptable. Downstream end-users tend to purchase orders with real orders. The overall purchasing atmosphere of the downstream latex industry and the special monomer industry maintained a smooth operation, and the enthusiasm for real single purchasing in the market maintained a positive trend. Domestic methacrylic acid downstream demand areas such as coatings and adhesives have maintained a trend of sorting and operation, and the purchase atmosphere of real orders is slightly cautious. However, it is difficult to find low-priced sources of methacrylic acid in the domestic recent methacrylic acid market, and real order transactions tend to be high-end transactions.
In terms of new domestic production capacity of methacrylic acid, it is generally concentrated on the market around the fourth quarter, and there is no clear news about the specific launch time. However, the methacrylic acid plant that was shut down some time ago requires equipment rectification, etc., and it will take some time to officially resume production and operation. Therefore, the overall domestic methacrylic acid market supply level still maintains a tight operation trend in a short period of time. It is recommended to short-term trade, to be clarified by News guide.