【Morning POM Brief】Bearish sentiment intensifies; the domestic POM market is expected to weaken in the short term.

1. Focus Points

1) POM inventory is being digested slowly;

2）Traders cautiously watch the sentiment

Terminal procurement interest is relatively low.

Core logicWeak demand performance, negotiations concluded.

II. Price List

Note: - Translate the above content into English and output the translation directly without any other explanation

1. Ethylene; POM (polypropylene oxide)

2. Two varieties are priced in RMB, with the unit: yuan per ton.

The RMB prices in the above table are all market inclusive tax prices.

Four weeks' previous prices

5. The increase or decrease represents the month-over-month change.  

Three、Market Outlook

POM's fundamental performance is poor, coupled with ongoing negative demand pressure, leading to a continuation of weak shipment conditions across various regions. The market's bearish sentiment has intensified, and traders are adopting a cautious wait-and-see approach. The operating load of end users is relatively low, and inventory digestion is relatively slow, resulting in limited actual transactions. Longzhong expects that the domestic POM market will operate weakly in the short term.

Fourier Transform