Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

Price Assessment

Platts Asia Methyl Methacrylate Assessments

  • What are Asia Methyl Methacrylate price assessments?
  • How we assess Asia Methyl Methacrylate prices
  • Platts Asian MMA Weekly Commentary
  • Platts Asian MMA Daily Rationale

What are Asia Methyl Methacrylate price assessments?

The CFR China and CFR Southeast Asia daily assessments ($/mt) reflect spot cargo sizes of 500-1,000 mt for delivery 15-30 days forward from the date of publication.

The assessments reflect deliveries into East China and Southeast Asia with a specific gravity 20°C/4°C 0.942 to 0.946, the free acid content of 0.005% or less, moisture content (KF method) of 0.05% or less, monomer content of 99.8% or more, number of colors (APHA) at 5 or less, and free acids (methacrylic acid) at 0.005% or less.

Price assessments are complemented by a weekly commentary published on Wednesday, and a daily rationale, which explains how the price assessment is reached and delves into the market fundamentals observed through the week.

How we assess Asia Methyl Methacrylate prices

Platts assessments are based on market information, including, but not limited to, firm bids and offers, and trades reported to the editor up to the close of business (4.30 pm Singapore time).

All the information used to inform the assessment is published transparently on Platts platforms as "heards". An assessment rationale is published explaining what the assessments are and how they have been reached.

A weekly market commentary accompanies the daily price assessments and rationale, which highlights the most important trends that have affected the markets that week and provides insight into what the market expects over the coming weeks.

Find out more about Platts methodology and specifications here >

Platts Asian MMA Weekly Commentary

  • Heavy turnarounds in China tightens MMA supply
  • New MMA startups in China to add lengthy supply


Asian methyl methacrylate (MMA) CFR China marker rose $5/mt on the day and up $8/mt on the week at $1,228/mt on July 29, driven by the tighter supply in China due to on-going massive turnarounds and regains in the China domestic MMA prices.


In China, massive turnarounds continued, with around 700,000 mt/year of MMA plants heard to have idled in July, which accounts for about 26% of the total MMA capacity in the country.

Jiangsu Sailboat's 170,000 mt/year of MMA plant has shut in mid-July for about 15 day-long maintenance, while Shandong Yidali's 50,000 mt/year of MMA plant has been shut during the similar period for scheduled maintenance.

Heze Huali New Materials' 50,000 mt/year of MMA plant has been idled since mid-July for 10-to-15 days of turnaround, according to market sources.

On the back of the heavy maintenance, the domestic China MMA price slightly recovered with rising Yuan 8.33/mt, or 0.185% on thr week at Yuan 9,833.33/mt, which is equivalent to around $1,168.95/mt on an import parity basis. Nevertheless, the market sentiment in China remained sluggish.

"MMA [China] domestic market remains weak," an MMA trader based in North China said on July 29, adding that, there is a flurry of new MMA capacity coming on stream August onwards.

There were also oversupply concerns on the MMA market pressured by the new capacity additions.

As Platts reported, Zhejiang Rongsheng's new 90,000 mt/year of MMA plant has started its trial runs in early-July and will likely to begin the commercial operation in August, while around 350,000 mt/year of new MMA capacities are coming online in Shandong area in China in the second-half of this year.

The exact start-up details were not confirmed by the companies when contacted. Once all new MMA plants come on-line, the total MMA capacity in China will reach around 1.92 million mt/year, which accounts for around 45.42% of the total MMA capacity in Asia.

In Southeast Asia, CFR SEA MMA marker was unchanged over the same period at $1,275/mt, with no transparent indications were heard amid thin liquidity due to the long holiday in Japan.

On the shipping front, a 1,000-mt MMA cargo from South Korea arriving in China in the end-July was seen.

The downstream PMMA market is currently not good, which might have prompted the Korean MMA producers to sell the feedstock to China, a Chinese trader said on July 29.

Platts Asian MMA Daily Rationale

Asian methyl methacrylate (MMA) CFR China marker was unchanged on the day at $1,228/mt on August 3.


CFR China MMA marker was the average of H2 August and H1 September, which was assessed at $1,228/mt, based on the stable-to-weak China domestic MMA prices.

In China domestic market, MMA price was heard at around Yuan 9,800/mt, which is equivalent at around $1,164.99/mt on an import parity basis, down around 0.34% over the same period.

CFR SEA MMA marker was up $15/mt over the same period at $1,300/mt, with the deal heard at $1,380/mt for iso-tank cargo size, which can be normalized at around $1,300/mt for the bulk cargo.

This rationale applies to symbol(s) <AMMAC00> <AMMAS00>


Methodology and Specifications

See all methodologies
See all methodologies

Products and Services

See all products and services
See all products and services