Are the days of monthly acrylic price creep behind us? Are we entering a period of regular price drops? Will price stability level the playing field and reduce the risks of pricing shenanigans? Here we are, one year after our 2018 Global MMA Roller Coaster assessment considering the impact of a reverse pricing trajectory that is challenging purchasing and marketing managers throughout the supply chain.
MMA prices (methyl methacrylate, the raw material used to produce a wide range of products distributed by IAPD members) have declined about 25% since their 2018 peak levels. Some distributors are enjoying richer profit margins while others are losing market share to aggressive players betting the decline will continue.
In short, soft demand, over supply of MMA and the possible threat of trade war tariffs at most levels of the supply chain have played a part in the current trends. Since the 1st Qtr ’19, prices in China have not decreased further indicating some stability. The South East Asian markets, however, continue to show weakness that point to further declines. In fact, we anticipate another price drop in May as South East Asian MMA demand is still oversupplied.
While stocks and output seem to have completed the needed adjustments during the 1st Qtr, the overall softer market does not warrant any price rebound. Any further price drops should not reach the magnitude of the previous quarter. We have probably hit bottom and any China price increase will be offset by other markets.
In the U.S., fires at some Lucite tanks will disrupt domestic supply. The same situation is affecting Brazil. Once those suppliers replenish, and barring any further unforeseen events, prices should remain level through the end of the year.
MARGACIPTA, Asia’s largest cell cast manufacturer, closely monitors MMA prices on a regular basis in order to provide our clients with the latest pricing data. Keep in touch with us or your sales reps as you manage your inventory positions and make smarter purchasing and marketing decisions possible.
Products provided by Emco Plastics
Are You Missing Out?
EMCO PRODUCTS MADE WITH MC’S EZ8 FABRICATOR’S FORMULATION
PT MARAGACIPTA launched its EZ8 Fabricators Formulation three years ago this month and EMCO Plastics, a specialty N.J. fabricator was one of the first to give it a trial.
“We were skeptical at first even though we got good results with the sample. We fell in love with the full size sheet as soon as it hit the shop and have been using it since. Can’t imagine why anyone wouldn’t use this formulation”, says Sean Ljoi, Emco’s Production Manager.
Fabrication managers are reporting 25% shorter welding times, even on difficult to weld 3/8″ + thicknesses. Thermoformers tell us the formulation is easier to work with, without sacrificing any optical brilliance.
“Margacipta took the time to understand our business and production model. The EZ8 product was the right recommendation from a great company to work with”, Henry Hrbek, Purchasing Manager.
Want more information about how EZ8 can improve your bottom line? We are here to help!
PT MARGACIPTA is planning something BIG for 2019 – we want you in on it.
BIG DIMENSIONS & SPECIALTY SIZES
We anticipate a stable MMA market in 2019 and competitive pricing.
That means distributors, fabricators and sign industry specialists will be able to focus on what they do best – Grow Market Share!
Time to revisit our standard sizes available up to 2” with standard whites and blacks up to 1¼”.
Check out our oversize and specialty dimensions for increased yields and special applications:
51.2” x 122” (43.38 sqft)
80” x 120” (66.64 sqft)
51.18” x 100” (35.54 sqft)
74” x 98” (50.38 sqft)
62” x 98” (42.34 sqft)Th .060″-5/8″
39.4″ x 78.8″ (21.53 sqft)
37.4″ x 72.8″ (18.90 sqft)Th .080”-5/8”
53.2” x 78.8” (29.025 sqft)
60.6” x 60.6” (25.50 sqft)
64.6 x 64.6” (28.98 sqft)
74 x 74” (38.03 sqft)
Your 2019 resolution – this will be your year to do something BIG!
Take advantage of our great customer service, oversize and specialty dimensions and bring in new business.
Contact Us or Your Account Rep for More Details and Pricing
PT MARGACIPTA is pleased to announce the launch of its new line of MC SANITARY GRADE CAST ACRYLIC sheet in the U.S. market, specially developed for manufacturing of Sanitary-ware appliances. Led by a team with over 20 years’ experience in the field and produced with MC Cell Cast Technology to ensure high quality gloss smooth surface, durability, and a warm touch.
The view face is protected by top of the industry thermoformable clear PE Film, allowing safer handling during the complete manufacturing cycle, within the industry standard operating temperatures. Due to their resistance to chemicals and cleaning agents, these acrylic sheets are the preferred choice for bathtubs, shower trays and the like. Ceramic like colors and color matching options are available along with our easy stretch option.
The wide range sizes and thickness options, will allow your customers the kind of creative flexibility that makes MC Sanitary Grade Acrylic Sheets a great choice.
Contact us or one of our representatives for more information.