[pom morning update] short-term domestic pom market to weaker consolidate
I. Points of Attention
1) The short-term downside is limited.
2) The market's replenishment activities on dips have increased.
3) Terminal orders are showing weak performance.
Core LogicThe market shipments are under pressure, and negotiations are based on volume.
Price List
|
Product |
Region |
October 23rd |
October 22nd |
Rise and fall |
|
Methanol |
Chongqing Area |
2280-2320 |
2280-2320 |
0/0 |
|
POM |
Yuyao Yun Tian Hua M90 |
10600-10800 |
10600-11000 |
0/0 |
Remark:
1 Methanol and POM both use mainstream market prices.
2 Two varieties are priced in RMB, unit: yuan/ton.
3 The above RMB prices are all market prices including tax.
4 The prices for the two periods are the point-in-time prices from the two previous workweeks before this week, not the weekly average prices.
5 The rise and fall are month-on-month changes.
Three, Translate the above content into English and output the translation directly without any explanation. Market Outlook
There is limited guidance from fundamental news, and a wait-and-see atmosphere is intensifying across different regions. Currently, the ex-factory price has fallen to a low level, with limited short-term downside potential. Market restocking activity on dips is increasing, but constrained by weak demand, downstream customers show low purchasing enthusiasm. Traders are under pressure to sell, with some offers having a trading range of 100-200 yuan/ton, with actual transactions being negotiated. Longzhong expects the domestic POM market to consolidate weakly in the short term.
4. Data Calendar
|
Data Project |
Publication Date |
Previous Data |
Expected Trend for This Period |
|
Capacity Utilization rate |
Thursday 17:00 |
94.06% |
↓ |
|
Production Profit Margin |
Thursday 17:00 |
0.54% |
↓ |
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