[Daily POM Review] Sporadic Purchases by Traders, Transactions as Needed

1. Today's Summary

①、 Xinjiang Xinxin POM plant operates at full capacity. 。

The Tianjin Bohua POM facility is scheduled for maintenance shutdown on July 7, with the startup time yet to be determined.

2 Spot Overview

Based on the Yuyao area, Yuntianhua M90 is priced at 10,800 yuan/ton today, with the price stable compared to the previous period. Today's POM market remains stable and observant. Before the holiday, the trading atmosphere in various places has turned dull. ， The inventory at the petrochemical plant has been released to some extent, and there is currently no pressure to sell in the short term. The market atmosphere is cautious, with traders primarily following market trends. As of the close, the inclusive tax price for domestic POM in the Yuyao market is 8100-11100 RMB/ton, while in the Dongguan market, the cash price for POM is 7300-10400 RMB/ton.

3 Production Status

This week, the domestic POM capacity utilization rate is 86.76%, an increase of 5.74% compared to last week. Tianjin Bohua's 40,000-ton/year POM unit will undergo maintenance shutdown on July 7, and Xinjiang Xinlianxin's 80,000-ton/year POM unit. Hengli Petrochemical's 80,000-ton/year POM unit. Resume full production capacity, this week's maintenance loss increased. Methanol prices are declining, and POM prices are stable. As a result, the product's gross profit margin increased, raising the profit margin by 27 yuan per ton.

Figure 3: Trend Chart of Domestic POM Capacity Utilization Rate for 2024-2025	Figure 4 Comparison of Domestic POM Profits and Prices for 2024-2025 (Yuan/Ton)
Data source: Longzhong Information	Data Source: Longzhong Information

4. Price Forecast

As the National Day holiday approaches, there is limited guidance information from POM across various regions. Petrochemical plants have a strong intention to maintain stable prices, and there are no significant fluctuations in supply. Before the holiday, traders' interest in operations has waned, and mainstream offer trends will remain relatively stable. End users are gradually finishing their stockpiling, factories will successively shut down for the holiday, and actual transactions are few.Longzhong expects that the domestic POM market will mainly consolidate in the short term.

5 Related product information:

Methanol:The current methanol spot price index is 2172.99, down by 0.99. The spot price in Taicang is 2253, down by 7, and the price in Inner Mongolia's northern line is 2090, unchanged. According to Longzhong's monitoring of prices in 20 major and medium-sized cities, 7 cities have experienced varying degrees of decline, with a drop ranging from 5 to 15 yuan/ton. Today's domestic methanol market shows a regional narrow-range consolidation, with both increases and decreases in the inland market. Stimulated by continuous external procurement from some olefin producers in Inner Mongolia, the transaction focus in Shaanxi and Inner Mongolia has been steadily rising. Trade conversions have also followed suit with slight increases, with demand moderately following up. Some areas in Shanxi have slightly declined. The port market maintains a slightly positive performance, with basis stubbornly consolidating, and the overall trading atmosphere is average. Close attention is being paid to the concentrated arrival of ships during the holiday period, negatively impacting inventory.

6 Data Calendar

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