SunSirs: The Market of POM Remained Stable On November 5
November 06 2019 11:38:05 SunSirs (John)
Price trend
According to the data monitoring of SunSirs, on November 5, the average price of polyformaldehyde (96) in Shandong Province was 4783 RMB/ton, which was stable.
Analysis review
Product: Shandong aldehyde Chemical Co., Ltd. has an annual output of 30000 tons of POM. The ex factory quotation of POM (96) is 4650 RMB/ton, with stable quotation. Linyi Shengyang Chemical Co., Ltd. has an annual output of 9000 tons of POM, and the ex factory quotation of POM (96) is 4700 RMB/ton, which is stable. Zibo Qixing Chemical Technology Co., Ltd. has an annual output of 10000 tons of polyoxymethylene, and the ex factory quotation of Polyoxymethylene (96) is 5000 RMB/ton, including tax; the manufacturer's quotation is firm, and the downstream resin and pesticide demand is general.
Industrial chain: Methanol is mainly in weak operation since the beginning of November, and the methanol quotation was basically stable on November 5.
Market outlook
The price of raw material methanol is weak. According to the analysis of POM, the price of POM may maintain stable operation.
If you have any questions, please feel free to contact SunSirs with marketing@sunsirs.com.
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