[POM Morning Brief] Domestic POM Market Expected to Operate Weakly in the Short Term

1. Focus Points

Spot circulation is under pressure.

The market inquiry atmosphere is relatively dull.

3) The end users are adopting a wait-and-see approach.

Core logicMarket transactions are slow, and real-time negotiations are conducted for deals.

II. Price List

Note:

1 Methanol and POM are all based on mainstream market prices.

2 The two varieties are priced in RMB, unit: yuan/ton.

3 The above RMB prices are market prices including tax.

4 The two prices for the period refer to the point-in-time prices from the two working weeks prior to this week, not the weekly average price.

5 The rise and fall are month-on-month changes.  

Three, Market Outlook

Spot circulation is under pressure, with total inventories continuing to accumulate in various regions, making it difficult for operators to alleviate trading pressure. The support from maintenance factors is limited, and petrochemical plants have not provided clear guidance. The mainstream market quotations have shown no significant fluctuations, although individual quotations may offer discounts for sales. End users are relatively cautious about taking orders, with sporadic just-in-need transactions. Longzhong expects that the domestic POM market will operate weakly in the short term.

4. Data Calendar