Methyl Methacrylate Price Per Ton

The data shows that the price of methyl methacrylate per ton did not have a very significant increase in 2022 and 2023. However, by 2024, the average price is expected to rise by 2,600–2,900 RMB per ton.

Some more details on the methyl methacrylate price trend:

In 2022, the methyl methacrylate price per ton remained relatively stable, fluctuating around 11,000–12,000 RMB per ton on average. This was due to a balance between supply and demand, as production capacity was able to meet market needs.

In 2023, the price saw no uptick, with the average price reaching 11,000–11,600 RMB per ton.

Looking ahead to 2024, industry analysts expect the methyl methacrylate price per ton to rise more significantly, reaching an average of 13,000–15,000 RMB per ton. The key drivers for this projected price increase include:

Rising production costs: Prices of key feedstocks like acetone and propylene are forecast to climb further, pushing up the overall manufacturing costs.

Stronger demand: Demand for methyl methacrylate is expected to grow at a faster pace, driven by expanding applications in industries like automotive, construction, and electronics.

Tighter supply: New capacity additions are not expected to keep up with demand growth, leading to a more constrained supply situation in the market.