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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

  • US MMA producers lift force majeure
  • China continues to export MMA


Asian methyl methacrylate CFR China marker fell $2/mt day on the day April 14, pressured by a persistently softening Chinese domestic market. Downstream, general purpose, injection grade polymethyl methacrylate CFR China was assessed flat day on day.


The recent lifting of the force majeure by two major MMA producers in the US helped ease the worldwide shortage for MMA. Both MMA makers were reported to have resumed MMA production and supply in late March, market sources said.

However, the persistently weaker China domestic MMA market has shifted the MMA trade flow from South Korea-China to China-South Korea. The China domestic MMA price was heard at Yuan 12,650/mt, down Yuan 33.33/mt, or 0.26%, on the day, which is equivalent to around $1,604/mt on an import parity basis.

"Who would want to sell [the MMA] to China at these low prices," an MMA trader based in China said.

In a rare move, South Korea, which typically exports MMA to China, imported 1,969.9 mt of MMA from China in February, the latest Korean Customs data showed. In 2020, South Korea exported an average of 1,258.31 mt/month of MMA to China. South Korea was caught short of MMA earlier this year due to a worldwide shortage of the petrochemical, triggered mainly by the disruption in the US' MMA production.

Meanwhile, the upcoming heavy turnaround at MMA plants in Asia is expected to keep tightening the MMA market. Asia is likely to have a production loss of around 17,771.67 mt in March and 47,250 mt in April.

Platts Asian MMA Daily Rationale

Asian methyl methacrylate (MMA) CFR China marker was unchanged day on day at $1,868/mt on April 16, amid stable China domestic MMA market.


CFR China MMA marker took the average of H2 April and H1 May, which was assessed at $1,868/mt. The China domestic MMA price was heard at Yuan 12,450/mt, which was flat on the day. The CFR SEA MMA marker was assessed unchanged day on the day at $2,048/mt, tracking stable CFR China MMA. This rationale applies to symbol(s) <AMMAC00> <AMMAS00>


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