[POM Daily Review] Market Sales Slow Down With Slight Price Concessions

1. Today's Summary

①、 Xinjiang Xinxin POM unit plans to shut down for maintenance on September 4th, scheduled for around 21 days. 。

② Tangshan Zhonghao POM unit production is stable.

2 Spot Market Overview

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

Based on the Yuyao region, today's price for Yun Tian Hua M90 is 10,800 yuan/ton, which remains stable compared to the previous period. Today, the POM market remains stable, with slow circulation of spot goods and no signs of improvement in market sales. Traders continue to offer slight discounts, with a range of 100-200 yuan/ton. End users are cautious in their purchasing mindset, with negotiations ongoing. By the close of trading, the tax-included price of domestic POM in the Yuyao market is 8,100-11,100 yuan/ton, while the cash price of POM in the Dongguan market is 7,300-10,400 yuan/ton.

3 Production Dynamics

This week's domestic POM capacity utilization rate is at 83.63%, a decrease of 5.74% compared to last week's operation. The 40,000 tons/year POM unit of Tianjin Bohua was shut down for maintenance on July 7. The 80,000 tons/year POM unit of Xinjiang Xinnlianxin was shut down for maintenance on September 4. The POM unit of Tangshan Zhonghao resumed operation on September 5. The loss in production due to maintenance increased this week. Methanol prices rise, POM price trends. As a result, the product's gross profit margin decreased, and the profit margin was reduced by 166 yuan/ton.

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

4. Price Prediction

Maintenance benefits provide support, and petrochemical plants currently face no shipment pressure, with relatively stable fundamentals. However, POM sales performance across various regions is weak. Due to subdued demand, downstream users show low willingness to purchase, making it difficult for traders to relieve operational pressure. Mainstream market quotations continue with negotiated sales, and actual transactions remain flexible.Longzhong expects the short-term domestic POM market to undergo a narrow range consolidation.

5 Related product information:

Methanol:The methanol spot price index today is 2184.71, +14.30. Among them, the spot price in Taicang is 2275, 0, and the price in Inner Mongolia North Line is 2097.5, +17.5. According to Longzhong's monitoring of 20 major and medium-sized cities, prices in 12 cities have increased to varying degrees, with increases ranging from 2 to 115 yuan/ton. On Tuesday, the domestic methanol market performed relatively well overall, and the inland market was still significantly stronger than the ports. Currently, with upstream inventories in production areas manageable, olefin companies re-entering the market with external procurement has positively boosted buying sentiment. Most companies conducted premium transactions through auctions, maintaining a good atmosphere. The port market, on the other hand, continued narrow-range linkage adjustments between futures and spot prices, with near-end following as needed, and basis remaining firm. Attention should be paid to the accumulation of port inventories tomorrow and the arbitrage operation pace between Jiangsu Taicang and Lunan regions.

6 Data Calendar

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