1, Today's Summary

POM manufacturers are under pressure from inventory.

② Slow follow-up on order requests, leading to continued negotiation.

2Spot Overview

Based on Yuxiao as a benchmark, today's M90 price from Yuhang is stable at 14,200 yuan per ton with limited price fluctuation. The POM market today shows a horizontal trading pattern. Demand drags down prices, high inventory levels among POM manufacturers, weak short-term fundamentals, and a cautious market sentiment dominate. Some traders are looking to offload inventory, with potential for selling off spaces, while end-user purchasing enthusiasm remains low, resulting in relatively limited real transactions. Mainstream quotes operate within the range of 10,500-14,500 yuan per ton.

3- Production Dynamics **Note:** The phrase "上述内容" at the beginning does not have a direct counterpart in English that would logically precede "生产动态" unless specifying that the following text is a translation of previously mentioned content related to production dynamics. Since no prior context was provided, I've translated "生产动态" directly. If you need context or further adjustments, please provide additional details.

This week, the domestic POM capacity utilization rate remains stable at 96.99%. All manufacturers' POM plants are operating at full capacity. Methanol prices have decreased, while POM prices remain stable, resulting in an increase in product profit margins, with profit space increasing by about 9 yuan/ton.

4. Price Prediction

The POM petrochemical plant's inventory remains high, and the manufacturer faces difficulty in alleviating its pressure to ship. It is reported that there are plans for a short-term price reduction, increasing bearish sentiment in the market. Traders continue to offer discounts in their operations. Terminal orders have not significantly improved, and user purchasing interest is weak, resulting in few actual transactions. Longzhong Information is expected that the domestic POM market will experience a short-term decline.