【POM Weekly Forecast】Limited fundamental support, domestic POM market expected to weaken in the short term.
One, Focus Areas
1) POM's fundamental performance is subpar;
The market inquiry atmosphere is relatively light;
3) Downstream participants are largely adopting a cautious观望 attitude. Note: "观望" can mean "to watch" or "to wait and see," but in business context, it often translates to maintaining a cautious stance or waiting to see how things develop before taking action. A more natural way to express this in English could be: 3) Downstream participants are largely adopting a cautious观望wait-and-see attitude. However, if we strictly follow the instruction to translate without explanation and directly, the first translation is appropriate.
Core logic: The market turnover is slow, with sporadic transactions.
II. Price List
Note:
1. Both methanol and POM use mainstream market prices.
2. The prices of the two varieties are in RMB, unit: yuan/ton.
3. The RMB prices in the above table are all market prices including tax.
4. The prices for the two periods are the spot prices of the two working weeks prior to this week, not the weekly average prices.
5. The increase or decrease is the month-on-month change value.
Three. Data Form
IV Market Outlook
The POM petrochemical plant has high inventory levels, and the fundamental support is limited. In the short term, manufacturers may still have plans for price reductions, coupled with the difficulty in improving terminal demand. The market sentiment is largely under pressure, with operators becoming more cautious and traders executing operations relatively carefully. Mainstream price quotes continue to rely on negotiations for sales, with flexible transactions. Longzhong expects that the domestic POM market will run weakly in the short term.
Five, Data Calendar
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