[POM Weekly Outlook] Short-Term Domestic POM Market to Consolidate Within a Narrow Range

1. Focus Points

1) Maintenance benefits support;

2) The market inquiry sentiment is weak.

3) The end users are predominantly adopting a wait-and-see attitude.

Core LogicSales in various regions are not performing well, with actual transactions focused on negotiations.

2. Price List Form

Note:

1 Methanol and POM are all based on mainstream market prices.

2 The prices for the two varieties are in RMB, unit: yuan/ton.

3 The above RMB prices are all market tax-inclusive prices.

4 The prices for the two periods refer to the point prices of the previous two working weeks before this week, not the weekly average prices.

5 The rise and fall are month-on-month changes.  

3. Market Outlook

During the shutdown maintenance of the Xinlianxin POM unit, the supply support remains relatively strong. However, there is no significant improvement in the market sales situation, and traders mainly follow the market trends in their operations. The mainstream quotations continue to have a negotiation range of 100-200 yuan/ton. The inventory digestion at terminal factories is slow, and some users still have resistance, resulting in weak short-term purchasing interest. Actual transactions will be relatively limited. Longzhong expects that the domestic POM market will undergo narrow fluctuations in the short term.

4. Data Calendar