According to the data of SunSirs, the domestic POM market was positive in April, and the spot prices of various brands rose at a high level. As of May 1, the average offer price of the POM injection molding sample enterprises in the business community was about 15,033.33 RMB/ ton, up 2.50% compared with the average price at the beginning of the month.

In the upstream of POM, the domestic formaldehyde market was weak at the beginning of April. The restart of some formaldehyde enterprises caused the downstream to conflict with the high price supply, the market transaction was blocked, and the formaldehyde market fell into a wide consolidation. In the second half of the month, the 20 day environmental inspection in China came to an end, the downstream plate started to increase, and the demand for formaldehyde rose. Recently, the price of upstream methanol was increased, and formaldehyde was supported and rose. After the formaldehyde stock atmosphere warming, the market began to rise.

The upstream price is gradually rising, and the cost side support of POM is gradually strengthened. At present, the domestic POM supply is still in short supply, and the enterprises such as Gung mine are still in the process of maintenance, and the load is not high. In April, the supply contraction brought about by enterprises' burden reduction continued, and there was still an expanding trend. Traders on the floor are reluctant to sell and are willing to report high. Before May Day, there was no large quantity of goods preparation in the downstream. After the May Day festival, the purchasing enthusiasm gradually increased. At the same time, the overall domestic inventory is also declining.

SunSirs analysts believe that the domestic POM market in April was stable and rose. The trend of formaldehyde and methanol in the upstream is positive, the cost of POM is strongly supported, and the tight supply pattern has not improved. The supply side is good, the operation rate of downstream enterprises is high, and the consumption of POM is stable. However, under the pressure of high cost, profits are compressed. After the May Day holiday, the passive high-level follow-up, and the attitude of resistance to high price supply gradually revealed. China POM market is expected to continue to rise in the near future, but the rise will narrow.

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