Bullish Sentiments Largely Permeate Europe and Asia MMA Market in Ending August, with Eyes on the September Outlook

Bullish Sentiments Largely Permeate Europe and Asia MMA Market in Ending August, with Eyes on the September Outlook

Harold Finch 04-Sep-2024

Hamburg, (Germany): During the last week of August xxxx, prices of Methyl Methacrylate (MAA) have experienced stability to a modest increase across the European and Asian markets. A confluence of shifting demand patterns, potential supply constraints, and strong feedstock costs driven by production issues in the region has shaped the outlook for the month ahead, with players finding hike attempts for September more feasible as markets move through the summer months.

Prices of MMA have witnessed a slight increment of USD xx/MT in the Belgian market, although trading activity turned sluggish amid the ongoing seasonal summer lull with most market participants stayed away from business activities, prices gained momentum owing to supply crunches in the domestic market. Additionally, the cost support from feedstock Acetone was sufficient for MMA as its prices were observed on the higher end in the domestic market, reflecting a...

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