For the Quarter Ending June 2025
North America
• The Methyl Methacrylate Price Index rose, on average, 2.9% in Q2 2025, closing at USD 2,070/MT at the end of June on strong demand from automotive and packaging applications, combined with ongoing supply chain challenges.
• Why did the price of Methyl Methacrylate change in July 2025? The Price Index rose slightly in July, primarily due to strong demand from the automotive sector and ongoing supply chain challenges.
• Freight costs remained volatile, with port congestion and domestic transport delays contributing to the rise in prices.
• Methyl Methacrylate production Costs were stable, though there was some upward pressure from elevated raw material and transportation costs.
• Methyl Methacrylate demand Outlook for Q3 is expected to remain steady, with automotive and packaging sectors continuing to drive the market, although logistical challenges may limit growth.
• Methyl Methacrylate price Forecast for Q3 2025 are expected to maintain their current levels, with slight upward pressure due to logistical issues.
APAC
• Methyl Methacrylate Price Index declined by 1.9% on average in Q2 2025, settling at USD 1,740/MT by June, driven by overcapacity in China and weaker demand from key sectors in Southeast Asia and India.
• Why did the price of Methyl Methacrylate change in July 2025? Prices decreased in July due to overcapacity in China and subdued demand from key sectors in India and Southeast Asia, further weakening prices.
• Supply chains remained under pressure, with high freight costs and limited vessel availability affecting deliveries.
• Methyl Methacrylate Production costs remained stable in APAC, though some Chinese manufacturers were forced to consider exporting to the West due to low product realization.
• Methyl Methacrylate Demand Outlook for Q3 is uncertain, with low demand from China and Southeast Asia affecting overall market growth.
• Methyl Methacrylate price forecast for Q3 2025 expected to remain under pressure unless upstream reformate and crude prices rebound.
Europe
• Methyl Methacrylate Price Index declined by 1.6% on average in Q2 2025, settling at USD 1543/MT by the end of June, due to soft demand in the construction sector and some disruptions in production due to regulatory issues.
• Why did the price of Methyl Methacrylate change in July 2025? Prices rose slightly in July, driven by continued strong demand from automotive and electronics sectors, coupled with plant maintenance shutdowns in key production areas.
• Belgium saw steady demand, though there was a slight dip due to lower construction activity.
• Methyl Methacrylate Production costs remained stable, though higher feedstock costs placed some upward pressure on margins.
• Methyl Methacrylate Demand Outlook for Q3 is expected strong in automotive and electronics, though overall demand may be constrained by soft construction sector activity.
• Methyl Methacrylate price Forecast for Q3 2025 is expected a slight increase in prices due to sustained demand from automotive and electronics sectors.
For the Quarter Ending March 2025
North America
In Q1 2025, MMA prices in North America followed a consistent downward trend, primarily driven by sluggish demand from key downstream sectors such as automotive, construction, and consumer goods.
Despite stable supply conditions and no significant disruptions in production, the market remained under pressure due to limited procurement activity and a weak industrial outlook. While feedstock acetone prices showed an upward movement during the period, this failed to support MMA prices, creating a cost imbalance across the supply chain. The imposition of new tariffs added further complexity, influencing trade flows and contributing to overall market volatility.
Although some signs of recovery emerged in downstream sectors, they were not sufficient to reverse the price decline. Throughout the quarter, market participants adopted a cautious approach, maintaining minimal inventory levels and engaging in conservative trading practices, which reinforced the bearish pricing environment.
APAC
In Q1 2025, MMA prices in the APAC region experienced a predominantly downward trajectory driven by persistent weakness in downstream demand from sectors such as automotive, construction, and coatings.
Despite stable production levels and consistent feedstock acetone prices throughout the quarter, sellers faced pressure to reduce MMA prices due to subdued procurement activities and market caution. Conservative pricing strategies were adopted early in the quarter to stabilize the market, but these efforts gradually gave way to price reductions as sluggish demand persisted. The imposition of U.S. tariffs further contributed to uncertainty, indirectly influencing regional trade flows and dampening market sentiment.
Although supply remained steady and imports had limited local impact, the lack of restocking activity and cautious buyer behaviour continued to weigh on prices. Overall, the APAC MMA market remained weak, with sellers adjusting pricing in response to lacklustre demand and broader macroeconomic headwinds.
Europe
In Q1 2025, MMA prices in the European region witnessed a predominantly downward trajectory, shaped by persistent demand weakness and evolving trade dynamics. The quarter was marked by subdued activity in key downstream sectors such as automotive, construction, and consumer goods, which significantly constrained procurement levels and kept buying sentiment cautious.
Although there were brief periods of price stability and even slight increases, particularly driven by short-lived demand from the downstream PMMA industry and fluctuations in feedstock acetone prices, these movements failed to reverse the broader bearish trend. Supply conditions remained steady throughout the quarter, with improved domestic production and increased imports helping to ease earlier constraints. However, this increased availability coincided with lacklustre demand, creating a surplus in the market and further pressuring prices.
The imposition of U.S. tariffs contributed to heightened uncertainty, particularly impacting the automotive sector—a key consumer of MMA. This external shock added another layer of pressure on already fragile market dynamics. As a result, market participants remained focused on inventory clearance rather than engaging in fresh procurement, reinforcing the demand-driven nature of the downturn.
By the end of the quarter, the European MMA market remained weak, with sellers adjusting pricing strategies in response to excess supply muted demand and broader macroeconomic headwinds.
For the Quarter Ending December 2024
North America
In Q4 2024, the North American MMA market experienced a generally stable trend, with some fluctuations driven by external factors. In October, MMA prices were low, largely due to a significant 13% decline in automotive sales and disruptions from a Boeing strike and hurricanes.
These events, combined with weak export volumes, put downward pressure on the market. Supply chains remained stable, with imports from Asia continuing to contribute significantly to inventory levels, although the bearish stance of the market limited production expansion. Demand was weak, especially from the automotive sector, which faced a drop in bulk orders due to lower sales.
By November, MMA prices stabilized as inventory levels remained sufficient to meet domestic demand, and Asian imports slowed. The construction and automotive sectors provided some support, with a rebound in contractor backlogs and steady demand for automotive components, including for electric vehicles. However, freight cost uncertainties and economic concerns limited further price increases.
In December, MMA prices showed a mild downturn after a slight gain in November. The market remained balanced with stable production levels, adequate supply, and consistent demand from key industries, preventing significant price shifts.
APAC
In Q4 2024, the price trend for methyl methacrylate (MMA) in the APAC region experienced a continued decline, driven by weak demand and an oversupply in the market. In October, MMA prices remained on the lower end, with excessive inventories from previous months dampening price growth despite attempts to control the market. Supply remained stable, with production levels adjusted due to the closure of some plants and reduced feedstock costs. However, the lack of demand, particularly from overseas markets, led to ongoing price pressure.
In November, MMA prices further declined as weak domestic and export demand persisted. The supply chain remained steady, with maintenance at key plants reducing production but not enough to trigger a price recovery. The demand outlook remained sluggish, with limited purchasing activity from downstream industries, including both domestic manufacturers and international buyers.
By December, MMA prices saw another decline, influenced by a market correction after earlier export-driven price hikes. Despite some improvements in production capacity, weak demand from downstream industries, combined with a lack of significant purchasing activity, continued to weigh on prices. The outlook for MMA in APAC remained soft, with recovery expected to hinge on stronger demand in 2025.
Europe
In late 2024, the MMA market in Europe faced ongoing challenges, with prices remaining subdued due to weak demand and oversupply. In October, prices had stabilized at lower levels, reflecting the sluggish performance of key sectors like construction and automotive. Despite stable production levels and easing inflationary pressures, oversupply and weak consumption led to continued price pressure. The automotive sector, a major consumer of MMA, showed limited recovery, and the construction sector remained depressed, exacerbating the bearish market outlook.
By November, MMA prices in Europe declined by 2.3%, continuing the downward trend from October. This decline was driven by sustained oversupply, weak demand, and seasonal factors. Production remained steady, but high inventory levels and low purchasing activity kept prices under pressure. Despite attempts to stabilize prices through adjustments in inventories, no significant market recovery materialized.
In December, MMA prices in Europe stabilized after a sharp decline in November, attributed to steady production and inventory clearing efforts. Weak demand from the automotive sector, rising freight rates, and cautious consumer sentiment limited further price drops, but the market remained subdued.
For the Quarter Ending September 2024
North America
The third quarter of 2024 saw a notable uptrend in Methyl Methacrylate (MMA) prices across the North America region, driven by several contributing factors. Tight supply conditions, reduced operating rates, and lower import volumes created a constrained market, fueling bullish sentiments among producers.
In Mexico, the price surge was particularly significant, with the downstream Polymethyl Methacrylate (PMMA) industry playing a key role in driving demand and price increases. MMA prices in the region recorded a substantial 68% rise compared to the same quarter in 2023, showcasing the strong market momentum.
Furthermore, prices increased by 26% from the previous quarter, indicating a steady upward trend. This was particularly evident in the second half of the quarter, which experienced a 25% price hike compared to the first half, further emphasizing the strengthening market. By the end of Q3, MMA prices in Mexico reached USD 3410/MT CFR Manzanillo, reflecting the prevailing positive market conditions and continuous upward trajectory seen throughout the quarter.
APAC
The third quarter of 2024 witnessed a notable increase in Methyl Methacrylate (MMA) prices across the APAC region, driven by several pivotal factors. Limited supplies, attributed to reduced operating rates at manufacturing facilities, combined with sluggish demand from downstream industries such as Polymethyl Methacrylate (PMMA), and escalating feedstock Acetone costs, significantly influenced the market dynamics. These supply-demand imbalances fostered a bullish market sentiment, resulting in stable or slightly lower prices in some areas. In Japan, the price fluctuations were particularly pronounced, with a remarkable 32% increase compared to the same quarter last year. On a quarter-on-quarter basis, prices rose by 4%, and a comparison between the first and second halves of the quarter showed a 3% increase, further highlighting the upward trend. The quarter-ending price of USD 2100/MT for Methyl Methacrylate FOB Tokyo underscores the continued positive pricing environment in Japan, reflecting the overall increasing trend throughout the APAC region during Q3 2024.
Europe
In the third quarter of 2024, Methyl Methacrylate (MMA) prices in Europe experienced a modest increase of 0.8%, reaching USD 2550/MT CFR Antwerp by early September. This slight rise was attributed to a constrained supply, with reduced imports from Asia and low domestic production rates due to limited feedstock Acetone availability. Although the supply side remained tight, demand from key downstream sectors, including Polymethyl Methacrylate, automotive, and construction, was notably sluggish. Europe’s auto sales fell by 20.6% in August, contributing to dampened purchasing activity. The broader economic slowdown also weighed on consumer confidence, resulting in tepid buying interest for MMA. While supply is expected to improve slightly later in the quarter as production normalizes, demand recovery is uncertain. The subdued downstream consumption and lackluster construction sector activity are likely to keep demand soft in the near term. Despite the tight supply, market participants remain cautious, with hopes of a slight improvement in demand toward the end of September or early October.
South America
Throughout Q3 2024, the Methyl Meth Acrylate (MMA) pricing in the South America region has experienced a significant uptrend, with Brazil showcasing the most notable price changes. The market dynamics have been influenced by several key factors. Tight supply conditions due to reduced imports from major markets, low operating rates in exporting countries, and production disruptions have constrained the availability of MMA, leading to increased prices. Strong demand from downstream industries like Polymethyl Methacrylate, particularly in the automotive and construction sectors, has further bolstered the market sentiment. The correlation between supply shortages and rising demand has propelled the price escalation. In Brazil specifically, the pricing environment has been characterized by a consistent upward trajectory. The quarter saw a substantial 67% increase from the same period last year, demonstrating the significant price growth. Moreover, compared to the previous quarter in 2024, prices surged by 26%, indicating a rapid escalation in a short timeframe. Notably, there was a substantial 25% price difference between the first and second half of the quarter, underlining the dynamic nature of the market. As Q3 drew to a close, the latest price for Methyl Meth Acrylate (MMA) CFR Santos in Brazil stood at USD 3440/MT, reflecting the prevailing positive pricing environment.
FAQs
1) What is the current price of Methyl Methacrylate?
Prices vary by region, with North America and Europe showing slight increases, while APAC has seen a decline in Q2 2025.
2) Who are the top Methyl Methacrylate producers in the United States?
Leading producers include Evonik, Mitsubishi Chemical, and LG Chem.
3) What sectors drive the demand for Methyl Methacrylate?
Major sectors include automotive, packaging, electronics, and construction.
4) What is the Methyl Methacrylate price forecast for Q3 2025?
Prices are expected to remain steady in North America and Europe, with slight downward pressure in APAC due to oversupply.
