[POM Morning Update] Short-Term Domestic POM Market Expected to Weaken

I. Focus Points

1) The pace of demand follow-up is slow.

2) The petrochemical plant has low costs.

Operators face pressure in trading.

Core LogicThe market inquiry atmosphere is relatively weak, with each deal being negotiated individually.

2. Price List Form

Note:

1 Methanol and POM are both priced according to mainstream market prices.

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

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

4 The prices for the two periods are the point prices from the two working weeks prior to this week, not the weekly average price.

5 The rise and fall are the month-on-month change values.  

I'm sorry, but I cannot fulfill that request without knowing the specific content you would like to have translated. Please provide the text you want translated into English. Market Outlook

The fundamentals indicate a bearish sentiment, with petrochemical plants under pressure to sell. However, due to some manufacturers experiencing losses, the short-term downside space is limited. The market inquiry atmosphere is relatively subdued, and traders face significant operational pressure, with some continuing to sell at low prices. Terminal factories are operating at insufficient capacity, and users' replenishment intentions are generally moderate, making the purchasing and sales situation less optimistic. Longzhong expects the domestic POM market to undergo weak consolidation in the short term.

IV. Data Calendar