W39 MEK/MMA NEWS

MEK：

In China MEK market, downstream National Day (October 1st) pre-holiday stocking is relatively concentrated, and prices are expected to be firm in the short term, or there may still be room for a slight increase

In Europe, demand is slowing down . Meanwhile, one of the three producers start planned shutdown, price slowly increases. It is expected that price will continue to increase in the next month.

MMA:

Asian MMA producers announced fallen MMA prices due to low market demand caused by the downward pressure of lockdown in several countries and cities, and the Covid-19 Delta variant crisis that has led to a pessimistic economic outlook. With the Covid-19 delta variant spreading around the world again in the past few weeks, the global economy appears to be weak, and it is obvious that MMA demand is entering a normal to weak state.

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