The global Methyl Methacrylate (MMA) market moved strongly higher during Q2 2026. The market was influenced by rising feedstock costs, supply chain disruptions, and steady demand from several important downstream industries. The conflict involving the USA, Israel, and Iran, along with the closure and uncertainty around the Strait of Hormuz, created additional pressure on international petrochemical trade.

Propylene and acetone are important feedstocks for MMA production. Disruptions in their supply increased production costs in several regions. Crude oil prices also remained elevated, adding another layer of cost pressure across the petrochemical chain. As a result, producers and exporters generally maintained firmer offers during the quarter.

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At the same time, demand remained reasonably healthy. MMA is used in applications such as acrylic sheets, coatings, automotive products, plastics, construction materials, and other industrial products. Regular consumption from these sectors helped support the market even as prices moved higher.

Freight costs and logistics also became important factors. Shipping disruptions and higher transportation expenses increased procurement costs for import-dependent markets. Buyers therefore had to consider not only the cost of the material itself but also the additional expense involved in getting it delivered.

The MMA price trend during Q2 2026 was broadly upward across the major markets covered in the source. Germany, India, Singapore, and several Asian markets recorded particularly strong increases. However, the market started to show some signs of stabilization in June. Improved short-term supply, easing logistics pressure, and growing buyer resistance resulted in corrections in several countries.

Germany Market

Germany recorded a significant increase of 60% during Q2 2026 for liquid MMA with 99.8% purity on an FD Hamburg basis.

The European market faced higher production costs because of disruptions to feedstock supplies and elevated energy expenses. Geopolitical tensions affected the availability and movement of important raw materials, making procurement more difficult for manufacturers.

Demand from automotive coatings, construction materials, and industrial applications remained steady. This provided support to the market because downstream users continued to require MMA for their regular production activities.

Germany's dependence on imported material also increased its exposure to global market conditions. Higher international prices and freight costs raised replacement expenses for buyers. Supply availability remained tight as limited inflows and higher energy costs affected producers.

Manufacturers adjusted their operating rates in response to changing production economics. This helped prevent excess supply from entering the market and contributed to the firm conditions seen through most of Q2.

The market changed direction in June. Values declined by 17% during the month as cost pressure eased and material availability improved. The correction also reflected the very strong increase recorded earlier in the quarter. By the end of June, the German market was showing signs of moving toward greater stability.

South Korea Market

South Korea recorded a 39% increase during Q2 2026 for MMA export values on an FOB Busan basis.

Higher production costs were an important reason for the increase. Feedstock disruptions affected availability and made production more expensive. At the same time, export demand from Southeast Asia and other destinations remained consistent.

South Korean suppliers continued to maintain export flows while managing their margins under higher input costs. Supply was moderately tight because of feedstock constraints and higher operating expenses.

Regular demand from regional markets helped maintain purchasing activity. Buyers continued to require MMA for different downstream applications, which gave exporters support even when market values were already elevated.

In June, South Korean values declined by 7%. Improved logistics and somewhat softer export demand allowed the market to correct after the strong gains recorded earlier in the quarter. The decline was relatively controlled and pointed toward a more balanced market situation.

China Market

China recorded a 32% increase during Q2 2026 for liquid MMA on an FOB Shanghai basis.

The Chinese market benefited from balanced export demand and relatively stable production. However, feedstock disruptions increased manufacturing expenses and placed upward pressure on supplier offers.

Demand from coatings and plastics applications remained steady. This allowed producers and exporters to continue selling material while maintaining competitive positions in international markets.

Supply availability was comparatively stable because producers maintained consistent operating rates. However, rising input costs limited the ability of suppliers to reduce offers significantly.

The market showed a gradual upward movement through Q2. In June, values declined by 2% as supply conditions improved and demand experienced a mild correction. The relatively small monthly decline suggested that the underlying market remained reasonably balanced.

Singapore Market

Singapore experienced a sharp 50% increase during Q2 2026, making it one of the stronger-performing markets in the source.

The increase was supported by firm regional demand and tighter supply conditions. Higher feedstock costs increased production and procurement expenses, while logistics disruptions added further pressure.

Demand from Southeast Asia remained strong, particularly from packaging and construction-related applications. Buyers continued to require MMA despite higher values, allowing suppliers to maintain stronger offers.

Supply availability was affected by feedstock limitations and higher operating costs. Export activity remained active, although traders had to manage their margins carefully as costs increased.

The market began to correct in June. Values declined by 6% as supply constraints eased and demand showed a slight correction. Better availability helped reduce some of the pressure that had built up during the first two months of the quarter.

India Market

India recorded a 55% increase during Q2 2026 for domestically traded bulk MMA on an Ex-Mumbai basis.

The Indian market was strongly influenced by higher import parity and increased feedstock costs. Disruptions to international supply chains increased production and import expenses, which were reflected in domestic market values.

Demand from paints, coatings, and construction remained stable. These industries continued purchasing MMA for their regular operations, providing strong support even as values increased.

India's reliance on imported material also made the market more sensitive to freight costs and global availability. Tight supply conditions and higher transportation expenses increased replacement costs for domestic buyers.

Domestic producers and traders adjusted their offers in line with international market conditions. This helped maintain the upward movement during most of Q2.

June brought a small correction of 2%. Improved supply conditions and more cautious buying allowed the market to stabilize slightly. However, values remained supported by the relatively high cost structure established during the earlier part of the quarter.

Bangladesh Market

Bangladesh recorded a 46% increase during Q2 2026 for MMA imports on a CIF Chittagong basis.

Higher import costs were a major factor behind the increase. Supply disruptions and rising freight rates increased the cost of bringing material from Singapore into the Bangladeshi market.

Demand from plastics and coatings industries remained stable. Importers continued purchasing despite higher costs, showing that consumption requirements remained consistent.

Logistics challenges also caused some shipment delays. These issues made procurement planning more difficult and added to the overall landed cost.

In June, values declined by 7%. Better shipment flows and easing logistics pressure helped reduce some of the earlier market tightness. The correction indicated that supply conditions were gradually improving.

Brazil Market

Brazil recorded a 37% increase during Q2 2026 for imported MMA on a CIF Santos basis.

Higher global values and increased import costs from China contributed to the rise. Upstream disruptions and logistics difficulties increased the cost of moving material into the Brazilian market.

Demand from automotive and construction applications remained stable. This helped maintain buying activity despite higher import costs.

Supply was moderately tight because of shipping constraints, encouraging importers to adjust their sourcing strategies. Companies had to manage their purchases carefully to deal with the volatility.

Unlike several other markets, Brazil recorded a small 2% increase in June. This showed that demand remained firm and cost pressure had not completely disappeared. The market therefore maintained a slightly upward direction toward the end of Q2.

Egypt Market

Egypt recorded a 30% increase during Q2 2026. The market experienced moderate but steady growth as higher import costs and supply disruptions influenced local values.

Construction and coatings sectors continued to provide stable demand. Buyers maintained procurement despite higher costs, which helped support the market.

Higher freight rates and limited availability affected the supply chain. Importers therefore had to manage procurement carefully while dealing with increased landed costs.

In June, Egyptian MMA values increased by another 1%. The small increase indicated that demand remained stable and that cost support was still present. Unlike markets that experienced clear June corrections, Egypt maintained mild upward momentum.

Market Outlook

The Q2 2026 MMA market showed strong increases across all of the major regions covered in the source. Germany rose by 60%, South Korea by 39%, China by 32%, Singapore by 50%, India by 55%, Bangladesh by 46%, Brazil by 37%, and Egypt by 30%.

These differences show how local supply conditions, import dependence, freight costs, and downstream demand can affect individual markets. Markets that rely heavily on imports were particularly sensitive to shipping and logistics expenses.

The June figures also showed that the market was beginning to become more balanced. Germany, South Korea, China, Singapore, India, and Bangladesh all recorded declines during the month, while Brazil and Egypt continued to move slightly higher.

Going forward, feedstock costs will remain an important factor. Any major change in propylene, acetone, or crude oil values could affect production economics. International shipping conditions will also remain important for import-dependent markets.

Demand from acrylic sheets, coatings, automotive, construction, plastics, and packaging applications will also influence future purchasing activity. If downstream demand remains healthy, suppliers may continue to receive support. However, if buyers become more cautious and inventories remain comfortable, further corrections could occur.

Overall, MMA prices ended Q2 2026 at elevated levels after a quarter of strong increases. The June corrections in several markets suggest that some of the earlier pressure was beginning to ease, but values remained influenced by higher feedstock and logistics costs. The balance between supply availability, production expenses, freight conditions, and downstream consumption will be important in determining the market direction in the coming months.

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About Price Watch™

Price Watch™ is an India-based, independent raw material price reporting agency that provides real-time price forecasts and data-driven insights into global raw material markets. Price Watch™ specializes in tracking raw material prices, analyzing market trends, and delivering timely updates on plant shutdowns, supply disruptions, capacity expansions, and demand-supply dynamics. The Price Watch™ platform empowers manufacturers, traders, and procurement professionals to make faster, smarter decisions. Leveraging AI-powered forecasting and over a decade of historical data, Price Watch™ transforms market volatility into actionable opportunity.

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