[POM Daily Review] Market Participants Remain Cautious, Deals Negotiated Based On Volume

1. Today’s Summary

① Market participants are mainly adopting a cautious wait-and-see attitude. 。

② Yankuang Luhua Phase I and II POM units shutdown for maintenance. 。

2 Spot Market Overview

Table 1 Summary of Domestic POM Prices (Unit: RMB/ton)

Translate the above content into English and output only the translation result, without any explanation. Based on the Yuyao area,Today, Yuntianhua M90 closed at RMB 13,100/ton, with the price unchanged from yesterday. 。 Today, the domestic POM market remained weak and cautious. Spot circulation was under pressure, and market participants showed relatively weak trading sentiment. Some producers lowered their ex-works prices. There is currently no effective support from market fundamentals, and some sellers have increased room for negotiation in their offers. Downstream end users remained cautious and observant, with transactions negotiated on a case-by-case basis. 。 As of the close of trading, Domestic POM tax-inclusive quotation range in Yuyao area is 8,800–13,000 yuan /ton; the cash transaction price in the Dongguan area remains at RMB 8,300–12,500/ton. 。

3 Production Updates

The POM production for this period is 12,810 tons, a decrease of 0.005 tons compared to the previous period, with a decline of 0.39%. The capacity utilization rate is 83.56%, down 0.33% from the previous period.This week, Tianjin Bohua’s 40,000 t/year POM unit has been shut down for maintenance since July 7; one line of Hengli Petrochemical’s 80,000 t/year POM unit is under maintenance; Yankuang Luhua’s Phase I and Phase II POM units, with a combined capacity of 80,000 t/year, are shut down for maintenance. Output remained stable this week.This week,The average apparent profit of domestic POM is 835 yuan/ton, down 707 yuan/ton from last week, with a profit margin ranging from 804 to 883 yuan/ton. 。

Figure 3 Trend of Domestic POM Capacity Utilization Rate in 2025-2026	Figure 4 Comparison of Domestic POM Profit and Price in 2025–2026 (RMB/ton)
Data source: Longzhong Information	Data source: Longzhong Information

4. Price Prediction

POM Some market participants replenished stocks at lower prices, while overall trading sentiment remained weak. Traders operated with relatively greater flexibility, end-user orders followed up at a comparatively slow pace, and buyers were mainly in a wait-and-see mood, paying close attention to guidance from industry conferences. 。 Longzhong expects the domestic POM market to remain weak and in a wait-and-see mode in the short term. 。

5 Relevant product information:

Methanol: Today’s methanol spot price index is 2857.18, up 39.54. Among them, the Taicang spot price is 3140, up 55, and the Inner Mongolia northern line price is 2725, up 50. According to monitoring by Longzhong of prices in 20 major and medium-sized cities, 14 cities saw varying degrees of increases, ranging from 12.5 to 100 yuan/ton. On Monday, the domestic methanol market operated on the stronger side. Futures moved upward in resonance with the broader commodities market. Supported by the reality of low inventories and low imports, trading centers in the coastal market also moved higher, while the basis was weak but stable, and actual trading was average. In the main inland producing regions, loading restrictions and truck queues continued, keeping the overall spot market tight. In addition, temporary shutdowns at some units in Dalad Banner prompted supplementary order entry, and overall new orders were concluded at premiums. Coupled with downstream demand following rigid needs, it is preliminarily expected that methanol prices are more likely to remain firm with consolidation in the short term. 。

6 Data Calendar

Table 2 Overview of Domestic POM Data (Unit: 10,000 tons)