Hamburg (Germany): In January xxxx, persistent downward pressure lingered across the European Polymethyl Methacrylate market, supported by a lack of demand recovery in key consumer industries. Low feedstock prices have further eased the prices of Polymethyl Methacrylate within the region. However, the supply of Polymethyl Methacrylate has been limited due to supply chain disruptions, but it has not significantly impacted prices at a broad level. Market players speculate that prices of Polymethyl Methacrylate might begin to rise in mid-Qx of xxxx due to further expectations of tight supply and high raw material prices. Demand from the downstream derivative industry is also expected to improve in the coming weeks, potentially escalating prices within the regional market.
Prices of Polymethyl Methacrylate have shown a decrement of USD xx/MT in the German market. The cost support from feedstock Methyl Methacrylate was limited to Polymethyl Methacrylate as its prices settled on...
