[morning pom tip] short-term domestic pom market will stabilize with minor fluctuations

I. Focus Points

1) Spot inventory pressure increases.

The market is cautiously bearish.

3) The progress of follow-up on terminal orders is slow.

Core LogicSpot circulation is under pressure, discussed based on volume.

2. Price List Form

Remarks:

1 Methanol and POM are priced according to mainstream market prices.

2 The two varieties are priced in RMB, unit: yuan/ton.

3 The above RMB prices are all market tax-inclusive prices.

4 The two prices refer to the point prices from the two working weeks prior to this week, rather than the weekly average.

5 The rise and fall are month-on-month changes.  

Three, Market Outlook

The circulation of spot goods in markets across various regions is sluggish, leading to increasing pressure on operators. Although some manufacturers' maintenance provides some support, the overall inventory levels at petrochemical plants are on the rise. Traders are increasingly pessimistic, and there is still room for negotiation in some quotations. Downstream users are making small-scale purchases, with little expectation of short-term improvement. The trading atmosphere is not optimistic. Longzhong predicts that in the short term, the domestic POM market will remain largely stable with minor fluctuations.

4. Data Calendar