1. Today's Summary

Some POM manufacturers have reduced their ex-factory prices by 500 yuan per ton.

Market sentiment is becoming more cautious, and traders are offering discounts to operate.

2Spot Overview

Based on the Yuyao area, today's price for Yun Tianhua M90 is 14,100 yuan/ton, with a decrease of 100 yuan/ton.Today, the POM market is showing a downward trend. Some POM manufacturers have reduced their ex-factory prices by 500 yuan/ton, which has put pressure on market sentiment. Traders continue to offer discounts, with mainstream quotations dropping by 100-400 yuan/ton. Downstream buyers are adopting a cautious wait-and-see attitude, leading to a lackluster purchasing atmosphere. The main quotation range is running between 10,500 and 14,400 yuan/ton.

3Production dynamics

This week, the domestic POM capacity utilization rate remained at 96.99%. All manufacturers' POM facilities are operating at full capacity. With the decline in methanol prices and stable POM prices, the gross profit margin of the product has increased, with a profit increase of about 9 yuan per ton.

4. Price Prediction

The POM petrochemical plant is facing significant shipping pressure, and there is little short-term fundamental support. Additionally, there is no noticeable improvement in demand orders, and the market inquiry atmosphere is relatively weak. Traders are lacking in operational motivation, and some quoted prices may continue to decline. Downstream purchasing enthusiasm is low, with sporadic real transactions. Longzhong Information predicts that the domestic POM market will experience a slight downward trend in the short term.

5Related product information

：Today, the methanol spot price index is 2363.69, down 14.34. The spot price in Taicang is 2670, down 7, and the price in Inner Mongolia's North Line is 2215, down 20. According to Longzhong's monitoring of prices in 20 major cities, 12 cities have experienced varying degrees of decline, with a drop of 2.5 to 30 yuan per ton. Today, the northwest...The market is slightly lower, with futures continuing to show weakness and the atmosphere for spot trading turning muted. Some inventory-pressured companies are offering discounts to sell, and there is decent buying interest for replenishing stocks at lower prices, but traders' holding mentality has weakened, leading to further price reductions. In the afternoon, some inquiries for external procurement of olefins spurred slight price increases in certain companies' auctions, but the overall market boost is limited. Currently, although there is support from maintenance on the supply side, inventory pressure varies among different companies, while the demand side mainly focuses on just-in-time procurement, still lacking supportive momentum.

6Data Calendar