POM Daily Report: Inventory Accumulation Weighs on Market, Post-Holiday Sentiment Cautiously Bearish
Today's Summary
Zhongyou Inner Mongolia's 60,000 tons/year POM facility is operating at full capacity, and Hebi Longyu's 60,000 tons/year POM facility has resumed operations, increasing the supply-side pressure.
On the first day back after the holiday, traders gradually returned to work, petrochemical plant inventories built up, market support remained weak, and overall sentiment turned bearish.
There is no clear guidance on price adjustments in various regions, and the market is dominated by the wait-and-see attitude of traders, with limited fluctuations in the focus of negotiations.
II. Spot Market Overview
Today’s mainstream domestic POM spot prices (unit: RMB/ton) and price changes are as follows:

(Source: Longzhong)
Yuyao (Yuntianhua M90)11700, holding steady
Dongguan (Yuntianhua M90)10600, stable
North China (Yuntianhua M90): 11700, steady
As of market close, the tax-inclusive quotation range for domestic POM in Yuyao was RMB 9,100–11,800 per ton, while the cash transaction price in Dongguan remained at RMB 8,100–10,700 per ton. End-users have not fully resumed operations, market purchasing intent is generally weak, and actual transactions are sluggish.
III. Market Forecast
In the short term, petrochemical plant inventories continue to accumulate, with no fundamental support for improvement. Traders remain cautious, end-user demand recovery is slow, overall market procurement intention is weak, and market participants’ sentiment is bearish. POM prices are expected to remain stable.Narrow-range fluctuationthe arrangement and layout.
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