【POM Morning Market Update】Bearish sentiment continues to brew in the market, with POM prices expected to trend downward.

One, Focus Areas

POM manufacturers lower ex-factory prices;

2) The market sentiment is becoming more bearish;

3) Downstream procurement sentiment is relatively weak.

Core LogicShipments are slow across regions, with sporadic transactions.

II. Price List

Note:

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

2 Two varieties are priced in RMB, with the unit: yuan/ton.

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

4 The two-period price refers to the point-in-time prices from the two previous business weeks before this week, not the weekly average price.

5 The increase or decrease is the month-on-month change.  

Three 、 Market Outlook

Petrochemical plants have lowered their ex-factory prices, yet sales in various regions have not shown significant improvement. The bearish market sentiment continues to intensify, and traders are struggling to alleviate operational pressures, with mainstream offers remaining under pressure.Negotiation space will continue to shift downward, and end-users may replenish in small orders, with sporadic real transactions. Loyal expected that the domestic POM market will weaken in the short term.

Four, Data Calendar