Recently, the domestic POM market has been reorganized and operated, and the overall price performance is large, stable and small. According to the data monitoring of SunSirs, as of December 16, the average ex factory price of domestic POM was 13,933.33 RMB/ton, which was the same as that at the beginning of the month.

In terms of raw materials: the formaldehyde market in Shandong is not good recently. The following figure shows that the formaldehyde market price in Shandong has fallen. Due to the impact of public security incidents, the downstream factories continued to start lower, the demand was significantly weakened, and the formaldehyde manufacturers had difficulty in shipping. In order to increase the volume, the market was weak and fell.

In terms of supply: Recently, the operating rate of domestic POM enterprises has remained at a high level, and the current industry load has decreased by a narrow margin compared with that before, approaching 90%. Imported materials are also abundant, and the price is lower. In terms of processing profit, the enterprise's margin rose by a narrow margin, with a gross profit level of about 2,550 RMB/ton, which is fair.

Demand: The load of OM industry rose this week, and the market supply was abundant. The mentality of producers and traders is supported by the firm factory price, but the recent demand is weak, and there is much room for profit in the on-site shipment negotiation. The enthusiasm of terminal enterprises to prepare goods is average, and the demand follow-up is slightly lagging behind.

In mid December, the POM market was in a stalemate. The load of domestic polymerization plants is high, and the overall supply is abundant. The factory price of domestic materials is deadlocked, the pressure on inventory is fair, and the demand is relatively weak. Downstream enterprises mainly digest inventory, and pick up goods mostly in small pieces. The market supply and demand game is expected to turn POM market into weak operation due to weak demand in China in the short term.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.