Since December, the overall market for methyl methacrylate, related product of methacrylic acid market, has shown a weak downward trend, and the overall market trading atmosphere has continued to be light. Downstream end users have maintained a cautious wait-and-see attitude when real orders are received. Insufficient, and the newly built methyl methacrylate equipment will be gradually put on the market in the future. Therefore, the focus of domestic methyl methacrylate trading is weak, and the market continues to be weak. However, the overall trading focus of the domestic methacrylic acid market continues to be stable, and downstream end-users actually purchase and buy more to maintain rigid demand. The overall market transaction price showed a continuation of around 14,000 yuan/ton, and the low-prices real orders was rarely heard. The overall domestic methacrylic acid market price continued to maintain, and the overall market transaction level continued to operate steadily.
First of all, the actual domestic production load rate of methacrylic acid is generally low.
Recently, the overall domestic methacrylic acid market price has been relatively firm, and it has not fallen sharply with the market price of methyl methacrylate. This is due to the low operating load of the domestic methacrylic acid production plant. Some foreign-brand methacrylic acid plants were shut down in December. Overhaul on the 15th, in addition to the low start-up load of existing domestic production enterprises, the actual production time of methacrylic acid new capacity has not yet been clearly released. Therefore, the social inventory of methacrylic acid still maintains a reasonable operation, and the overall shipment remains at a normal level. Therefore, the actual report The market price continued to move steadily.
Secondly, the domestic methacrylic acid product downstream real order atmosphere remained stable.
The actual downstream load rate of methacrylic acid in China has maintained a stable and smooth operation trend, and the market’s actual order purchase atmosphere has maintained its own just-needed purchase, and the overall trading atmosphere has mostly maintained a smooth operation. Although December coincided with the traditional low season for the downstream sales of methacrylic acid in the domestic market, the overall purchasing atmosphere of the market still maintained a stable and smooth operation trend. The demand level maintained its own actual order purchasing and the stocking atmosphere remained stable.
Third, the price difference between imported methacrylic acid products is larger than that of domestic brand methacrylic acid products, and the market price of imported methacrylic acid products is relatively small and high.
Recently, the domestic market price of methacrylic acid has remained at around 14,000 yuan/ton, and the overall supply of imported goods continues to be tight, and the offer price continues to remain high, which is 4,000-6,000 yuan higher than the market price of domestic brand methacrylic acid products per ton. Since the market offer price of imported methacrylic acid products is much higher than the domestic market quotation of methacrylic acid products, and the supply of imported methacrylic acid products has continued to be tight since December, domestic downstream end users of methacrylic acid purchase more domestic companies Mainly produce products.
To sum up, due to the recent low actual operating load of domestic methacrylic acid production enterprises, and some domestic methacrylic acid production enterprises are expected to stop for maintenance in December, and the domestic methacrylic acid downstream supply atmosphere remains stable, and the imported brand methyl The supply of acrylic acid products is relatively small, and the price difference compared with domestically produced methacrylic acid products is large. Even though the overall market trading atmosphere of methyl methacrylate, a domestic methacrylic acid-related product, has been slightly weak recently, the market price has shown a weak downward trend. However, the market offer price of methacrylic acid still maintains a stable operation.