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[MMA]: MMA morning market tips (Aug.16)

Published : Wed, Aug. 16, 2018 10:32 GMT+0800Source : OilChem

OilChem, Aug.16 – Domestic MMA market prices kept stable yesterday, and the actual transaction volume was small. Good-holders faced a small quantity of sales and held the wait-and-see sentiment towards the future market, the downstream purchasing activity was not high, and inquiries were on the basis of rigid demand, with the comparatively weak transaction atmosphere. It was estimated by OilChem that MMA market would keep steady temporarily today, the transaction price was Yuan 20,300-20,500/mt in East China, the mainstream quotation was settled at Yuan 21,000-21,500/mt in South China, and market insiders should pay attention to factual orders in the market and the situation of the supply of goods.


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