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.
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.