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

1. Points of Attention

Limited fundamental support.

2) The market shipment situation is not good.

End users should be cautious when taking over.

Core logicThe market inquiry atmosphere is relatively weak, and the buying and selling sentiment is flat.

Price List

Note:

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

2 The above content is translated as: "The prices for the two varieties are in RMB, unit: yuan/ton."

3 The prices in the above table are all market inclusive of tax in RMB.

4 The prices for the two periods refer to the point prices of the previous two business weeks before this week, not the weekly average prices.

5 The change in rise and fall is a month-on-month value.  

3. Market Outlook

The National Day holiday is approaching, and the fundamental support is insufficient. The inventory pressure of petrochemical plants has been somewhat relieved, and the atmosphere of market observation is dominant. The market inquiry atmosphere is relatively light, with some offers still having a negotiation space of 100-200 yuan/ton. Before the holiday, the operating load of terminal factories is at a low level, with sporadic short-term inventory replenishment being more common and actual transactions focusing on negotiations. Longzhong expects that the domestic POM market will operate weakly in the short term.

4. Data Calendar