MMA Asia price continues its upward momentum to Sep shipment. Orders for Sep. shipment have been settled at price around $2,350 ~ 2,450 pmt CFR Asia, increased by $ 100 ~ $150 pmt vs. Aug price. MMA producers are having low inventory which is partially because of plant outage in Aug/Sep and partially because of strong downstream demand till Sep. Beside, Poor ABS / acrylic fiber demand and production cuts in the upstream acrylonitrile (ACN) market were making things worse as ACH based MMA producers also faced the prospect of raw material supply cuts. Most cast sheet and acrylic resin customers reckon high MMA cost and very difficult to reflect incremental cost to downstream. Thus, cast sheet and acrylic resin producers have to give up lots of Oct. order to prevent bleeding. The outlook for Oct. is more conservative and most likely slight downward.
In North Asia, China supply remained tight and high cost of material, suppliers insisted increase RMB1,000~1,500 pmt in September regardless of poor domestic economic status. MMA price settled at RMB18,500~19,000 pmt. Owing to Jilin Chemical new 100,000 mt per year had technical problem, Jilin Chemical shut this new plant and restarted its old 50,000 mt per year. Most people believe post Olympic game China market will return to normal in September. In Korea, the shortage of MMA pulled the price up at September. The above 500-tonne cargoes at prices were US$2,350-2,400/tonne CFR Korea. In Japan, lower MMA inventory was getting worst at August. For the reason, export cargoes were fewer and prices were quoting for US$2,500/mt CFR Asia to reflect tightness and highest material cost. In Taiwan, MMA makers announced another NT$3/kg increase in domestic market in September. Chi Mei PMMA pellet prices were US$2,550~2,650/mt. KMC has scheduled shut down on 16 August and will restart on 8 September if ACN supply from CPDC could be on schedule. FPC shut down 10days due to upstream acrylonitrile outage. MMA price of September is ranging from NT$75 ~ NT$78/kg ($2,350 ~ $2,450 pmt) DDP.
In South Asia, prices were continuously raising by $100~150 pmt in September. In Thailand, the politically insurrection will persistence for a while. Domestic market appeared tight, therefore, cast sheet maker sought other supplier from oversea to solve the tightness. In Vietnam, ChoChun 800mt/month cast sheet will put on stream in Q4. Fu Sheng another new line will commission in Q4. The highest MMA cost made most of users reduce their running rate. In Indonesia, market is stable. In Singapore, Sumitomo Chemical third MMA line of 90,000mt/y restarted on 22 August after 3 week shut down for maintenance. The second line of 80,000mt/y leakage problem in the reactor can’t solve, they considered changing reactor in the future. The project will stop production till end next year. Mechanical construction of Lucite’s first ethylene based 120,000mt/year MMA plant has commissioned and will on stream at early of November.Prices are settled at US$2,350pmt~2,450 pmt CFR level. Drum prices are US$2600 pmt~2700pmt CFR. Cast sheet orders were concluded at US$3.2/kg ~3.4/kg.
[ 2008-09-07 ]
[Acrylic World Newslette News]
MMA Asia price continues its upward momentum to Sep shipment. Orders for Sep. shipment have been settled at price around $2,350 ~ 2,450 pmt CFR Asia, increased by $ 100 ~ $150 pmt vs. Aug price. MMA producers are having low inventory which is partially because of plant outage in Aug/Sep and partially because of strong downstream demand till Sep. Beside, Poor ABS / acrylic fiber demand and production cuts in the upstream acrylonitrile (ACN) market were making things worse as ACH based MMA producers also faced the prospect of raw material supply cuts. Most cast sheet and acrylic resin customers reckon high MMA cost and very difficult to reflect incremental cost to downstream. Thus, cast sheet and acrylic resin producers have to give up lots of Oct. order to prevent bleeding. The outlook for Oct. is more conservative and most likely slight downward.
In North Asia, China supply remained tight and high cost of material, suppliers insisted increase RMB1,000~1,500 pmt in September regardless of poor domestic economic status. MMA price settled at RMB18,500~19,000 pmt. Owing to Jilin Chemical new 100,000 mt per year had technical problem, Jilin Chemical shut this new plant and restarted its old 50,000 mt per year. Most people believe post Olympic game China market will return to normal in September. In Korea, the shortage of MMA pulled the price up at September. The above 500-tonne cargoes at prices were US$2,350-2,400/tonne CFR Korea. In Japan, lower MMA inventory was getting worst at August. For the reason, export cargoes were fewer and prices were quoting for US$2,500/mt CFR Asia to reflect tightness and highest material cost. In Taiwan, MMA makers announced another NT$3/kg increase in domestic market in September. Chi Mei PMMA pellet prices were US$2,550~2,650/mt. KMC has scheduled shut down on 16 August and will restart on 8 September if ACN supply from CPDC could be on schedule. FPC shut down 10days due to upstream acrylonitrile outage. MMA price of September is ranging from NT$75 ~ NT$78/kg ($2,350 ~ $2,450 pmt) DDP.
In South Asia, prices were continuously raising by $100~150 pmt in September. In Thailand, the politically insurrection will persistence for a while. Domestic market appeared tight, therefore, cast sheet maker sought other supplier from oversea to solve the tightness. In Vietnam, ChoChun 800mt/month cast sheet will put on stream in Q4. Fu Sheng another new line will commission in Q4. The highest MMA cost made most of users reduce their running rate. In Indonesia, market is stable. In Singapore, Sumitomo Chemical third MMA line of 90,000mt/y restarted on 22 August after 3 week shut down for maintenance. The second line of 80,000mt/y leakage problem in the reactor can’t solve, they considered changing reactor in the future. The project will stop production till end next year. Mechanical construction of Lucite’s first ethylene based 120,000mt/year MMA plant has commissioned and will on stream at early of November.Prices are settled at US$2,350pmt~2,450 pmt CFR level. Drum prices are US$2600 pmt~2700pmt CFR. Cast sheet orders were concluded at US$3.2/kg ~3.4/kg.
[ 2008-08-10 ]
[Acrylic World Newslette News]
As a combination of crude oil price hike and suppliers do not have sufficient stock to cope with the surging demand from the market. August MMA Asia prices are moving up by $150 ~ $200 pmt to reflect higher raw material costs and tightness. In the upstream market, ACH appears shortage recently and prices were pegged at $1,350-1,400/mt CFR Asia. MTBE prices were pegged at $1,250~1,300/mt CFR Asia. Methanol prices were unchanged at $420-450/tonne CFR China. Surging feedstock costs were the key reason for most MMA producers adjusted their MMA selling prices to avoid bleeding, and some of MMA producers were cutting operating rates due to margins remain poor. On the market side, the demand from market is strong as expected for Q3, simultaneously, a lack of competitively priced deep-sea cargoes also boosted sentiment. MMA prices for 500 mt above isotank order were settled in the ranges of $2,200 ~ $2,250 pmt CFR for the August shipment. The outlook September price will continuously increase from August price by US$150~200mt.
In North Asia, MMA prices were largely steady at RMB 17,000 ~ RMB 17,500 pmt in China market. At the same time, it is impossible to arrange any vessel to call China on the back of restriction on the DG during Olympic game period. Degussa new 100 ktpa MMA plant is under construction and will be commissioned at Q3/2009. In Singapore, Sumitomo Chemical Singapore will restart its 80,000 tonne/year MMA line No. 2 in August. Due to the reactor damage happened during a routine maintenance in 12th of March, the line can’t restart on scheduled till now. The third and the newest line of 90,000 tonne/year has been scheduled shutdown for maintenance form 14th of July to 11th of August. Mechanical construction of Lucite’s first ethylene based 120,000mt/year MMA plant has been completed and the commissioning process should at early of August. In Korea, domestic MMA prices were pegged at won (W) 2,500/kg DEL and buyers accepted the W 100-150/kg increase in August. In Japan, due to MMA inventory was lower than the monthly average, the price increased in August. In Taiwan, MMA makers announced NT$4/kg increase in domestic market in August. Chi Mei announced PMMA pellet price increase by US$250~300/mt considering MMA cost gone up recently. KMC has scheduled shut down in August for 21days. MMA price of August is ranging from NT$72 ~ NT$75/kg ($2,250 ~ $2,350 pmt) DDP.
In South Asia, apparent price raise was seen across South Asian countries by $300 pmt from June shipment onward. For 500 mt above customers, orders were settled at $2,200 ~ $2,250 pmt CFR. Smaller customers are getting an offer at $2,300 ~ $2,400 pmt in isotank while the shortage and high cost. MMA demand remains strong in ASEAN, particularly in the cast sheet segment. Most cast sheet producers have to absorb MMA cost increase due to their full running till end September. Cast sheet orders were concluded at US$3.1/kg ~3.3/kg.
[ 2008-07-07 ]
[Acrylic World Newslette News]
MMA producers in Asia have implemented price increase in July shipment to reflect the tightness of MMA market as well as raw material price hike. On feedstock side, due to crude oil is over US$ 140, thus, MTBE were over US$1250/mt, acetone were US$1100/mt and Methanol were US$500/mt and the price will continuous increase in Q3. The C4 process cost is over US$2000/mt and ACH process will follow up in the future. On the supply/demand side, because of production cost hiked up, MMA makers announced US$100~150/mt increase in July shipment. Most of buyers understand the price increase trend but still try to narrow down on the uncertain economy and customers resistance.. MMA prices for 500 mt above isotank order were settled in the ranges of $2050 ~ $2100 pmt CFR for the July shipment. The outlook August price will continuously increase from July price by US$50~100mt.
North Asia, China market MMA price stabled to RMB 17,000 ~ 17,500 pmt DDP. Some of factories have informed from government to shut down their factories till September. Lots of MMA users reduced their production rate because of coming Olympic Game. In Korea, MMA producers kept increase price in domestic market and price were around US$2230~2330/mt DEL. In Japan, market appeared balance to tight. No quantity can be exported recently. In Taiwan, MMA makers announced NT$1.5/kg increase in domestic market in July. Cast sheet producers increased NT$4/kg of sheet price for July delivery. Chi Mei announced PMMA pellet price increase by US$100~150/mt considering MMA cost gone up recently. KMC has scheduled shut down in August for 21 days. MMA price of July is ranging from NT$68.5 ~ NT$71.5/kg ($2124 ~ $2225 pmt) DDP.
In South Asia, Sumitomo is suffering from high MTBE cost and running at reduced rate. MRC Thailand is having shut down for maintenance. Lucite 120 ktpa MMA will delay commission to the end 2008 owing to high crude oil price. In Indonesia, domestic demand appears strong before Muslim holiday. The Muslim holiday will come on September. Margacipta caste sheet production is fully running in July. In Vietnam, domestic is weakness due to high inflation. Singapore Sumitomo Chemical restart its 80,000mt per year MMA line on 25th of June, then the 53,000mt per year MMA line will shut down for maintenance during 21th of July~ fourth of August. MMA order has been settled at $2000 ~ $2050 pmt in isotank. Drum MMA prices are around $2100 ~ $2150 pmt CFR. PMMA pellet price is around US$2400~2550 pmt.
Asian MMA market appears tight toward June shipment and drives MMA prices up as a result. Combining of surging raw material costs as well as some MMA plants were lower running rate, MMA price for 500 mt above were settled in the ranges of $1930 ~ 1980 PMT CFR Asian port and isotank order were settled in the ranges of $1950 ~ $2000 pmt CFR. For the June shipment, MMA producers insist $50~100 pmt increase from May price across the board on the back of high material cost. In view of crude oil continuous hiking, it is anticipation that MMA will increase US$50~100mt in Q3 shipment. In transparent ABS sector, because of the demand has got back in the flat screen TV business, PMMA is getting healthy in the season of Q3. Some export demands has heard from USA in May to June shipment. China government announced the Chemicals Control during the Olympic Games, thus, shipments are very tight and cargos are congestion in China port. The outlook for July price estimates to be $30 ~ $50 pmt increase from June price level.
In North Asia, China market MMA price came back to RMB 17,000 ~ 17,500 pmt DDP. Supply will snug on the back of production outage at Jilin Chemical's MMA plant. But because of transportation restrictions ahead of the Olympic game, the market will be tight in coming month. In Korean, MMA producers were implemented increase by W100/kg on back of high material cost. In Japan, market is steady. In Taiwan, MMA makers decided to roll over in June. The caste sheet producers tried to increase price 3~7% in June shipment. Fulde has inquiry MMA for 400mt per month to produce PMMA pellet. MMA price of June is ranging from NT$67 ~ NT$70/kg ($2074 ~ $2175 pmt) DDP.
In South Asia, MMA market is getting tightness on the back of strong demand. In Indonesia, Astari is undergoing to expansion their two line casting sheet plant. Margacipta plant is full running in June. In Vietnam, the inflation brought out 30%goods and materials increased. Fu Sheng considered postpone their new expansion to Q3 due to construction material hike and higher MMA cost. In Thailand, market demand is optimism. In Singapore, due to technical issues, Sumitomo Chemical will delay to restart its 80,000 mt/year MMA line around 20th of June. Lucite C2 plant will commission on September 2008. Sumitomo PMMA plant extended to capacity 80,000mt/year in 2008.June MMA price has been settled at $1950 ~ $2000 pmt CFR. Drum MMA prices are around $2050 ~ $2100 pmt CFR. PMMA pellet price is around US$2250~2300 pmt. Casting Sheet prices is at $2.85 ~ 3.00/kg Asia.
Liquid Crystal Glass could change from opaque to clear with a flick of switch. It gives you a total privacy when you need it. This specified structural glass has a nickname- "electric-control curtain glass", produced with the multi-development of electronics and glass techniques. Stanley glass adopts international patent techniques to sandwich new liquid crystal between glass sheets and control its shade by changing currency that limit sun light to enter and control up to 99% of UV ray as well, which provides you with a cozy environment. >>more
[ 2007-11-10 ]
[SGM News]
Features of Acrylic glass mold：
Thickness deviations are minimized, ensuring a stable quality.
Glass substrates are produced and supplied by taiwan glass ind. Corp., the top 5 glassmaker in the world. The row materials have always been carefully selected. During the production, a series of strict quality inspection are conducted to best control glass flatness, thickness, blister, and inclusion, so that a perfect glass substrate for glass mold can thus be produced.
Glass mold plays crucial role in the organic glass industry：
Beyond doubt, only a high quality glass mold can make an ideal organic glass.
10 major characteristics：
Flatness: quality could be ensured by unique production method of two-way flatness control.
Smooth:treated by our own developed multi-section cutting process which can make smooth surface.
Paring is unnecessary as we use high technology and special designed computer software integrating with various measuring devices.
No glass wave: suitable for acrylic mirror glass.
Pre-preparation is unnecessary.
Consistent production process.
Four sides round edging work can reduce the damage to glass mold.
Heat soak test provides longer service life.
Vertical-suspended tempering process, average stress above 10000 psi. the allowable bow of the glass mold is controlled within 0.1% to ensure ideal flatness.
Stanley Glass Co,.Ltd has pass ISO 2001 yearly test again,with 3 days meeting and checking by ISO Consultants, Stanley Glass is again considered the best Glass Company in Taiwan!
Consider Quality, Efficiency, Service, Innovation, and Sharing as five key elements that sustain Stanley Glass Group’s growth. In 1996, it has received ISO 9001 and CNS certificates. To provide customers with the best service, its corporate philosophy is to deem customers’ growth as its own growth.
We provides you the best Glass!! Clear Float Glass,Tempered Glass,All Processed Glass not only high quality,we also ensure you the quality assurance.With production plants based in Taiwan, our major markets reach Taiwan, China, Japan, Korea, North America, Middle East, Australia, Europe, South Africa, and so forth.
Clear Float Glass
Clear float glass is made of molten glass which flows through tweel to tin bath and then to lehr. While floating through the molten tin, the glass under the works of gravity and the surface tension becomes smooth and flat at both sides. Tinted Float Glass
Tinted Float glass is made of molten glass mixing with a prescribed quantity of tint agent, which flows through tweel to tin bath and then to lehr. While floating through the molten tin, the glass under the works of gravity and surface tension becomes smooth and flat at both sides. Tints available are French green, ocean blue, and so forth.
For many years Stanley Glass has been involved in glass mold production. In addition to the production of high quality glass. (molds) We also provide extensive technical support and service after the sale. We are proud to have very satisfied customers in more than twenty countries. In 2004 we opened a new factory to meet the demands for larger glass molds. We have devoted great efforts in the organic glass. The quality of our products has been well known for many years.
[ 2007-05-23 ]
[SGM News]
Glass substrates are produced and supplied by Taiwan Glass Industry Corp. one of the largest glassmakers in the world. The raw materials (are) carefully selected.
During (the) production, a series of strict quality inspection(s) are conducted to ensure flatness, thickness, blister, and inclusion, (so that) (A) perfect glass substrate for(the) glass mold can (then)be produced.
