Asian MMA/PMMA: Markets quiet after China relaxed COVID
curbs; weak US dollar- MMA
China drops $2-3/mt during week- High
demand to continue- FOB
China MMA was offered $1,350-1,400/mtThe Asian methyl methacrylate market and
the polymethyl methacrylate market saw little change in trading activity
during the week ending Nov. 19, following China’s announcement of
loosening COVID-19 measures, and a weak US dollar. $1,440/mt on Nov. 16 while
MMA CFR SEA was steady at $1,570/mt over that same period. PMMA CFR China was stable at $1,810/mt Nov. 16, while MMA
CFR SEA was unchanged as at $1,570/mtb> /b> over the same period. According to local media, China will also stop tracking
individuals who have been in close contact with COVID infection, a report from
Nov. 11 said.Asian MMA Daily RationaleAsian methyl methacrylate market (MMA) CFR
China was unchanged at $1.440-2.460/mt...