The Global MMA Roller Coaster is Back

MC®

May 15, 2018May 18, 2018 mcwsi

Methyl methacrylate (MMA) the raw material used to produce a wide range of products distributed by IAPD members, is experiencing another year of price volatility that will impact all links in the supply chain. Multiple factors are contributing to the uncertainty but one part of the equation that you can count on is that, MMA and the products it creates, are now truly part of a global market.

In short, a tightening global MMA supply chain will continue to spur price creep for the first half of 2018 and could pose actual supply issues for certain buyers.

What happens in Singapore and Germany now impacts prices in Indianapolis and Houston – and that’s without beginning to consider the regulatory changes that China is imposing on itself and the world.

 

At the end of 2017, China enacted restrictions on the import of scrap material drying up the domestic supply of recycled plastic. Chinese manufacturers, whose production was based on about 70% recycled material, suddenly faced shortages and turned to the virgin MMA markets for relief. They did not find it. Luckily, the Chinese New Year gave the world some breathing room but when those manufacturers came back on line at the end of February, we experienced the first price spike as March demand increased and Chinese MMA imports doubled in April.

The situation was further exacerbated by plant shutdowns, for a variety of reasons that started in April and will continue through May.

 

Asia is seeing 8 MMA plant shutdowns: Thailand – Mitsubishi Thai MMA; South Korea – Lotte Chemical; Taiwan -KMC; Japan –MRC Otake; Singapore -Sumitomo; China – MRC, China Jilin Chemical, and China Sheng Hong Chemical.

Europe is seeing 2 MMA plant shutdowns: UK – Lucite & Germany – Evonik Germany.

The new MMA plant in Saudi Arabia, which was supposed to ease the pressure, has diverted the bulk of their production to European manufacturers and will not make a significant contribution to global supplies.

 

Most MMA buyers will again be looking at lower inventories, higher prices and reduced quantity allocations for May shipment. The supply/demand imbalance will take some time to recalibrate and we do not anticipate prices to stabilize before mid-year. Even the U.S. has become a net MMA importer.

 

Producers who have locked in solid MMA supply contracts will have some supply security even though they may still experience reduced quantity allocations and price hikes. Spot buying opportunities will be few or nonexistent.

 

Whether you are a CEO, CFO or PM, timing your purchases over the next few months will require a keen eye on the long term trends. While many factors affect one vendor’s same day quote against another, all vendors will be at the mercy of MMA suppliers again in the near term.

 

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.

 

Take a moment and review our products including; Cast Acrylic SheetEasy Weld Cast Acrylic Sheet, Acrylic Rods & Triangles and Contact Us or Your Account Representative for more details and current prices.

Inventory Optimization, MMA, Supply Chain Acrylic, Asia, Cast Acrylic, China, MMA, USA


News Release

EMCO Rocks the EZ8 Fabricator’s Formulations

March 6, 2019March 25, 2019 mcwsi

 

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!

 

    

Acrylic, Testimonial Acrylic, emco, EZ8, plastics

Create The Perfect Barrier Gate With Cast Acrylic Sheet

Are you looking for a new, unique, and attractive barrier gate? Our MC® Cast Acrylic Sheet is the solution. 

MC® Cast Acrylic Sheet are a high-quality acrylic sheet that is designed to be used as a barrier gate. The MC® Cast Acrylic Sheet is made from high-quality material, making it durable and lightweight. It is 100% safer than glass and impact resistant.

 

The MC® Cast Acrylic Sheet has various colors and blocks that you can choose from when designing your barrier gate.  Our products have been used in many industries such as hotels, offices, hospitals, and schools and many more.

Features :

  • Lightweight yet strong and  easy to install
  • 100% safer than a glass
  • impact resistant
  • shatterproof
  • anti scratch
  • no maintenance required
  • long lasting durability
  • easy to clean
  • can withstand any weather condition without cracking or fading color
  • no need for maintenance at all
  • Can be used indoors or outdoors

 

Create the perfect barrier gate with Cast Acrylic Sheet by Marga Cipta!

If you have any questions about our products or services, please feel free to contact us at any time!
 

The Global Roller Coaster – Closed for the Season?

May 10, 2019May 11, 2019 mcwsi

 

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.

 

Acrylic, MMA Acrylic, Asia, Global MMA, internatiional, MMA, pricing

Let’s Do Something BIG!

PT MARGACIPTA is planning something BIG for 2019 – we want you in on it.

 

BIG DIMENSIONS & SPECIALTY SIZES
BIG OPPORTUNITIES

 

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:

 

Th .118″-5/8″
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 

 

 

Acrylic acrylic sheet, acrylic sheets, big dimensions, large sheet, optimal yield, oversize, specialty dimensions