[POM Weekly Review] Market Runs Smoothly, Trading Atmosphere Light

This week's market

This week, the domestic POM market remained stable, with the average price consistent with last week and a quiet trading atmosphere. The closing price for Yuyao Yunnan Yuntianhua M90 was 11,100 yuan/ton, and the weekly average price was 11,100 yuan/ton, showing no significant price fluctuations in the market.

2. Spot Overview

Output: Pressure on main factories regarding shipments is manageable. Domestic demand is lukewarm, and export orders provide limited support. Overall operating rates remain stable, and manufacturers' quotations are unchanged. Holders sell according to market conditions, while downstream buyers only maintain essential purchases. Market activity is insufficient, and the supply-demand balance is relatively stable.

3. Next week's forecast

Next week, the POM market is expected to remain stable. The price of Yuntianhua M90 in Yuyao is projected to hold steady at 11,000-11,200 yuan/ton, with an average weekly price of 11,100 yuan/ton. The supply and demand pattern will likely remain unchanged, with continued weak downstream demand and a subdued market trading atmosphere.