SINGAPORE (ICIS)–Asia’s methyl methacrylate
(MMA) demand is ready to stay supported by the
rising use of clear acrylic sheets as
extra economies within the area ease their
coronavirus lockdown measures.
Initially, demand for such protecting sheets
was not widespread in Asia and orders had been
largely sure for the US and Europe markets.
Sheet makers are actually seeing elevated demand
from inside southeast Asia together with Singapore,
Thailand and Indonesia, as restrictions are
being lifted within the area.
These clear sheets are put in in
retailers, eating places, places of work, hospitals and
different frequent areas to stop coronavirus
transmissions. Solid acrylic sheet, made
straight from the monomer, and in addition extruded
acrylic sheet, made out of polymethyl
methacrylate resins, are generally used to make
Acrylic sheets are favoured for his or her readability,
influence resistance and chemical resistance
qualities which permits for frequent cleansing
Singapore on Monday introduced that it’ll
begin the second section of its reopening from 19
June. The easing of restrictions in Singapore
will see the re-opening of retail companies,
F&B dine-ins, private well being &
wellness, home-based providers, and public
locations akin to parks and services.
Thailand began the final stage of its lockdown
on 1 June with the goal to completely re-open its
financial system on 1 July, whereas Indonesia’s
“large-scale social curbs” ended on four June.
Competitors is robust between Asian sheet
makers to get a share of the pie.
Nevertheless, demand for this utility alone is
inadequate to elevate the general demand for MMA
as demand from different downstream sectors
stay weak, with main industries akin to
automotive and building nonetheless closely
impacted by disruptions attributable to the
Within the week ended 12 June, MMA costs for bulk
parcels of 500 tonnes and above had been assessed
at $1,310-1,380/tonne CFR (value & freight)
southeast (SE) Asia, firmer by $10/tonne from
the earlier week, in line with ICIS knowledge.
began to backside out from finish Could and barely
rebound, halting a steady downtrend since
The uptick was largely pushed by excessive uncooked
materials value, and firmer sentiment on current
bullish China home market.
Key feedstock acetone CFR CMP (China Foremost
Ports) costs have risen by greater than twofold
since early April to a median of $1,050/tonne
within the week ended 12 June.
China home MMA costs have surged by 83%
since early April to CNY 13,000/tonne extank
east China within the week ended 12 June.
Focus article by Li Li Chng