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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

  • CFR China was assessed flat
  • Sluggish demand woes amid a resurgence of COVID-19 cases in India


Asian methyl methacrylate (MMA) CFR China marker was unchanged day on the day at $1,917/mt on May 5, quiet discussion due to the long holiday in China, while the CFR SEA MMA marker was assessed unchanged day on the day at $2,025/mt, amid muted discussion due to the golden week holiday in Japan and Children's Day holiday in Korea.


Week-on-week, the CFR China MMA was down $25/mt.

Downstream, Asian polymethyl methacrylate (PMMA) CFR China was assessed flat day on day at $2,350/mt for general purpose, injection-grade on May 5, amid quiet discussion due to the long May Day holiday in China.

In-plant news, Mitsubishi Chemical Methadrylates in Huizhou in China is planning to shut its 100,000 mt/year MMA plant for month-long maintenance in May-June, a source close to the company said May 5. The exact dates were not immediately known.

Despite the heavy turnaround season in Asia since April, some market participants were concerned about sluggish demand amid a resurgence of COVID-19 cases in India and Japan in recent weeks.

"[MMA prices] will stabilize, as demand in India [is] not that strong due to COVID-19 cases," a trader based in India said.

Another trader based in Southeast Asia said, "This [tight supply due to the maintenance] is offset to some extent by a slowdown in [MMA] demand from India."

The MMA production margin out of MTBE was estimated at around $191.95/mt, while the MMA production margin out of acetone was at around $646.77/mt as of May 4, when the weekly assessment is published, S&P Global Platts data showed.

Platts Asian MMA Daily Rationale

Asian methyl methacrylate (MMA) CFR China marker was unchanged day on day at $1,917/mt on May 5, on quiet price discussions due to the long holiday in China.


CFR China MMA marker took the average of H2 May and H1 June, which was assessed at $1,917/mt. The China domestic MMA market was closed for a holiday. The CFR SEA MMA marker was assessed unchanged on the day at $2,025/mt, amid muted discussions due to the Golden Week holiday in Japan and Children's Day holiday in Korea.

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


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