1. Today's Summary

①、 Domestic material manufacturers have cut their ex-factory prices.

Market sentiment is becoming more cautious, and traders are cutting prices to operate.

2 Spot Overview

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

Based on the Yuyao area, today Yun Tianhua M90 is priced at 13,500 yuan/ton, a decrease of 400 yuan/ton. Today, the POM market remains weak with a观望 attitude. Domestic POM manufacturers have lowered their ex-factory prices, intensifying the bearish sentiment in the market. Trading participants are not enthusiastic, with mainstream price offers decreasing by 100-900 yuan/ton. Downstream users exhibit a mentality of buying on price increases rather than decreases, making it unlikely for orders to follow suit in the short term; trading atmosphere remains lukewarm. The mainstream offer range is 10,100-13,700 yuan/ton.

3 Production Dynamics

This week, the domestic POM capacity utilization rate remained stable at 96.20%. During the week, the Yanzhou Mining Lu Chemical Phase II POM unit was shut down for maintenance. 。 Methanol priceThe price of POM has fallen, resulting in a slight decrease in product gross margin, with profit space reduced by about 66 yuan per ton.

Figure 3: Domestic POM Capacity Utilization Trend Chart for 2024-2025	Figure 4: Comparison of Domestic POM Profit and Price (RMB/ton) for 2024-2025
Data Source: Longzhong Information	Data source: Longzhong Information

4. Price Forecast

Due to the sluggish demand, the cost support for POM is insufficient. The shipping pressure on manufacturers remains high, and the trading atmosphere in various regions continues to be weak. Market participants are becoming more cautious, and traders are less motivated in their operations. Mainstream quotations are expected to remain stable without significant fluctuations. Downstream customers show low purchasing enthusiasm, and the overall trading atmosphere is lackluster. Longzhong Information expects that the domestic POM market will be mainly weak and stable in the short term. 。

5 , Relevant product information

Methanol ： The spot price index for methanol today is 2309.66, down by 10.62. The spot price in Taicang is 2572, down by 35, while the price in Inner Mongolia's north line is 2150, down by 5. According to Longzhong's monitoring of 20 major cities, prices in 11 cities have decreased to varying degrees, with declines ranging from 3 to 75 yuan per ton. The northwest methanol market continues to see a downward trend today, with the trading atmosphere remaining淡出 صند صندassistant The spot price index for methanol today is 2309.66, down by 10.62. The spot price in Taicang is 2572, down by 35, while the price in Inner Mongolia's north line is 2150, down by 5. According to Longzhong's monitoring of 20 major cities, prices in 11 cities have decreased to varying degrees, with declines ranging from 3 to 75 yuan per ton. Today, the Northwest methanol market continues its downward trend, with the trading atmosphere remaining relatively weak. Some companies continue to lower their quotes to facilitate sales, but buying willingness remains poor, resulting in overall average transactions. Long-term traders are eager to sell, and the transfer prices keep softening; the downstream buyers in the sales market continue to pressure prices for essential purchases. Currently, the market sentiment is bearish, and most traders maintain a cautious观望 attitude.

6 Data Calendar

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