【POM Morning Brief】With limited fundamental support, the POM market is expected to trend downward weakly.

I. Key Points of Focus

1) Operators' mentality remains cautious and hard to uplift;

2) The inquiry atmosphere in the market is relatively weak;

3) Demand continues to be sluggish.

Core Logic: Trading atmosphere is weak, with general transactions.

II. Price List

Notes:

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

2. Prices for both varieties are in RMB, with the unit being yuan/ton.

3. The above RMB prices include taxes.

4. The two-period prices refer to the spot prices from the previous two working weeks before this week, not the average weekly prices.

5. Changes represent the sequential variations.

III. Market Outlook

POM shipments continue to be weak across regions, with limited fundamental support. Market sentiments vary; some operators have a mindset of pushing up prices, while certain traders are more inclined towards concessions. End-user production loads are insufficient, leading to generally low procurement enthusiasm, with actual transaction focuses on negotiations. Longzhong predicts that in the short term, the domestic POM market will experience a downward trend.