Hamburg, (Germany): Prices of Polymethyl Methacrylate (PMMA) have strengthened across the European market during the last week of September xxxx. The double whammy of supply shortages and high upstream costs has continuously encouraged traders to test PMMA markets with a series of price hikes. Despite this, the regional PMMA spot market appears stable to soft, with buyers reporting continued sluggishness in the downstream market coupled with low confidence. In the short term, participants across the regional market are questioning the sustainability of these price increases in October, amidst opposing factors: persistent supply issues and shipping disruptions on one side, and stable to low demand on the other. Meanwhile, PMMA prices have mainly roll over in the US market as fundamentals of demand and supply was largely balanced across the regional market.
Towards the last week of September, PMMA prices have showcased an increment of USD xx/MT...
