Poor demand side mentality, POM price sorting

Price trend



According to the data of the bulk list of the business community, the market price of POM this week is generally horizontal, and the spot prices of various brands are mainly stable. As of August 12, the ex factory price reference offer of POM injection molding grade sample enterprises of business community was about 18566.67 yuan / ton, up or down + 0.91% compared with the average price at the beginning of the month.


Cause analysis


Industrial chain: in terms of upstream formaldehyde, the market price of formaldehyde in Shandong Province has been weak and consolidated recently this week. The market price of methanol in the upstream has not fluctuated much, the cost support is general, and the operating rate in the downstream has not been greatly improved. The demand for procurement is maintained, the market transaction is flat, and the formaldehyde manufacturers have stable shipments. The market is weak and consolidated.



The upstream formaldehyde market is weak and the POM cost side supports the horizontal plate. In terms of industrial load, the load of domestic POM enterprises is relatively high recently, and Yankuang has the expectation of load increase in the near future. There is abundant supply in the field and strong competition. The inventory of manufacturers and midstream is high, the operating rate of terminal enterprises is generally restricted by profits or orders, and the operating rate is narrowed. The consumption of POM in the field is slow, the off-season market continues, and the main support point of spot price is still the cost. Terminal enterprises are cautious in purchasing and mainly take small orders for goods, and the operators have a heavy wait-and-see mood. There is a certain contradiction between supply and demand in the market, and the offer of the merchants is stable but drops secretly. The offer mainly follows the enterprise or follows the market.


Future forecast


Business analysts believe that the domestic POM market is weak and stable this week, the upstream formaldehyde market is weak and the POM cost is generally supported. The load of POM industry is high, and it is expected to continue to rise, and the support of supply side is poor. On the news side, the ex factory price of polymerization enterprises has recently increased, but the consumption of downstream enterprises is weak, and there is no large-scale replenishment in procurement. It is expected that in the short term, the price of POM will be blocked due to the contradiction between supply and demand.


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