[pom weekly outlook] expected short-term domestic pom market to narrowly decline
I. Focus Points
1) Accumulation of spot inventory.
2) Operators show little interest in handling.
3) Demand orders are sluggish.
Core LogicThe market is under pressure to move goods, with negotiations and transactions ongoing.
2. Price List Form
Product |
Region |
October 11th |
October 10th |
Rise and fall |
Methanol |
Chongqing Area |
2280-2320 |
2280-2320 |
0/0 |
POM |
Yuyao YunTianHua M90 |
10600-11000 |
10600-11000 |
0/0 |
Note:
1 Methanol and POM are both priced at mainstream market rates.
2 Two varieties are priced in RMB, unit: yuan/ton.
3 The above RMB prices are market prices including tax.
4 The prices for the two periods are the point prices from the previous two working weeks 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
Due to inventory pressure, petrochemical plants have the intention to sell at lower prices. The fundamental support is weak, leading to a sluggish market performance. Traders are increasingly pessimistic, with some negotiation focuses expected to continue to decline. End-users are mainly cautious and observant in the short term, focusing on consuming in-house stock, with a subdued buying and selling atmosphere. Longzhong predicts that the domestic POM market will experience a narrow decline in the short term.
4. Data Calendar
Data Project |
Publication Date |
Last period 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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