European MMA prices rise 58% on week as Middle East war threatens supply security

European methyl methacrylate spot prices increased 58.2% in the week ended March 9 driven by escalating supply concerns following the virtual closure of the Strait of Hormuz. Platts, part of S&P Global Energy, assessed the three-to-30-day forward DDP NWE methyl methacrylate spot price at Eur2,216.50/metric ton March 9, up Eur362.75/mt from March 6. The supply squeeze has been worsened by alreadyEuropean methyl methacrylate spot prices increased 58.2% in the week ended March 9 driven by escalating supply concerns following the virtual closure of the Strait of Hormuz. Platts, part of S&P Global Energy, assessed the three-to-30-day forward DDP NWE methyl methacrylate spot price at Eur2,216.50/metric ton March 9, up Eur362.75/mt from March 6. The supply squeeze has been worsened by alreadyRead More