[POM Weekly Outlook] Domestic POM Market to Experience Narrow Range Fluctuations in Short Term

1. Focus Points

1) The petrochemical plant currently has no inventory pressure.

2) The market sales situation is not good.

3) Downstream users are cautious in their procurement.

Core LogicThe fundamental support is limited, and operators are flexible in their trading.

2. Price List

Note:

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

2 The above content is translated as: ", two varieties are priced in RMB, unit: yuan/ton."

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

4 The prices for the two periods refer to the point-in-time prices from the past two working weeks prior to this week, not the weekly average prices.

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

Three, Market Outlook

Petrochemical plants currently face no inventory pressure, but the pace of shipments has slowed across various regions, leading to increasing pressure on manufacturers to sell. Market sentiment varies; some are primarily holding prices firm while selling, while others have room for concessions in their operations. Due to weak order performance, downstream users are relatively reluctant to take positions, making it difficult to see large orders in the short term, resulting in a relatively subdued trading atmosphere. Longzhong predicts that the domestic POM market will experience narrow fluctuations in the short term.

4. Data Calendar