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【POM Daily Review】With limited guidance, the POM market remains in a consolidation and wait-and-see mode.

Longzhong 2025-03-21 17:00:58

Today's summary

The total inventory of POM manufacturers continues to rise.

②、Weak market conditions continue in various regions, with a focus on negotiations in actual transactions.

2spot overview

Table 1 Domestic POM Price Summary (Unit: Yuan/Ton)

Taking the Yuyao area as a reference, today's Yun Tianhua M90 is at 14200 yuan/ton, with limited price fluctuation.Today, the POM market is consolidating and observing. There has been no improvement in shipments across regions, with petrochemical plant inventories continuing to rise. The market's wait-and-see sentiment has intensified, increasing the operational pressure on traders. End-users' purchasing enthusiasm remains low, with actual transactions negotiated based on volume. Mainstream offer prices range from 10,500 to 14,500 yuan per ton.

3production dynamics

This week, the domestic POM capacity utilization rate remained stable at 97.38%. All manufacturers' POM facilities are operating at full capacity. With the rise in methanol prices and stabilization of POM prices, the product's gross profit margin has slightly decreased, with profit margins reduced by about 130 yuan per ton.

4, price prediction

POM shipping pressure continues to increase, with no effective support from the fundamentals. The market's bearish sentiment is deepening, and traders' operating mentality will be hard to improve. End-users are cautiously observing, and short-term purchasing enthusiasm is low, with only sporadic transactions based on rigid demand. Longzhong Information predicts that the domestic POM market will operate weakly in the short term.

5related product information

methanolToday's methanol spot price index is 2381.86, +1.74, with the Taicang spot price at 2693, 0, and the Inner Mongolia North Line price at 2237.5, +2.5. According to Longzhong's monitoring of 20 major and medium-sized cities, prices in 6 cities have risen to varying degrees, with increases ranging from 2.5 to 17.5 yuan/ton. Today, the trading atmosphere in the northwest methanol market is average, with some companies continuing to ship goods, but there is a strong sentiment of waiting and seeing among buyers, leading to an overall average performance in transactions. Approaching the weekend, most companies are mainly executing contracts, resulting in limited market activity. In the northern Shandong region, some downstream bidding prices remain low, with procurement mainly driven by rigid demand, and the overall trading atmosphere is relatively weak. Currently, the market sentiment is cautious, with many buyers holding a wait-and-see attitude, and the willingness to purchase is not high.

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【POM Daily Review】With limited guidance, the POM market remains in a consolidation and wait-and-see mode.

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