Search History
Clear
Trending Searches
Refresh
avatar

POM Daily Report: Inventory Accumulation Weighs on Market, Post-Holiday Sentiment Cautiously Bearish

Plastmatch 2026-02-24 17:51:48

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.

【Copyright and Disclaimer】This article is the property of PlastMatch. For business cooperation, media interviews, article reprints, or suggestions, please call the PlastMatch customer service hotline at +86-18030158354 or via email at service@zhuansushijie.com. The information and data provided by PlastMatch are for reference only and do not constitute direct advice for client decision-making. Any decisions made by clients based on such information and data, and all resulting direct or indirect losses and legal consequences, shall be borne by the clients themselves and are unrelated to PlastMatch. Unauthorized reprinting is strictly prohibited.

Most Popular

1000+  Daily Updated Global Business Leads,2M+ Global Company Database.Click to download the app.

Purchase request Download app