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【POM Daily Review】There is still room for price concessions in the mainstream offers, and it is expected that the POM market will operate with a weak stability.

Longzhong 2025-03-04 17:12:02

1. Today's Summary

① Inventory at POM petrochemical plants is gradually accumulating.

② The market is becoming more watchful, with limited fluctuation in quotations.

2. Spot Market Overview

Taking the Yuyao region as a reference, today's Yun Tianhua M90 closed at 14,400 yuan/ton, with limited price fluctuations. The POM market is currently stable and watching. With limited fundamental support for POM, trading sentiment is subdued across regions, and traders are increasingly cautious. Mainstream quotations have not shown significant changes, and downstream users are mainly purchasing based on rigid demand. Overall, the transaction situation is average. The mainstream quotation range is 10,600-14,700 yuan/ton.

3. Production Dynamics

This week, the domestic POM capacity utilization rate remains stable at 98.10%. All manufacturers' POM facilities are operating at full capacity. Methanol and POM prices are stable compared to last week, but the average POM price is lower than last week, resulting in a slight reduction in gross profit margin, with profits decreasing by about 2 yuan/ton.

4. Price Forecast

There are no clear guidance messages from POM petrochemical plants. Given the slow market sales, the trading atmosphere is unlikely to improve, and industry participants remain cautious. Traders are not very active, and there is still room for concessions in mainstream quotations. End-users are making sporadic small purchases, and the overall transaction situation is not optimistic. Longzhong expects that the domestic POM market will maintain a weak and stable trend in the short term.

5. Related Product Conditions

Methanol: Today's methanol spot price index is 2352, +7, with the Taicang spot price at 2645, +7, and the Inner Mongolia North Line price at 2202.5, 0. According to Longzhong's monitoring of 20 major cities, 6 cities showed varying degrees of increases, ranging from 7 to 70 yuan/ton. Today, the northwest methanol market saw localized small

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【POM Daily Review】There is still room for price concessions in the mainstream offers, and it is expected that the POM market will operate with a weak stability.

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