SunSirs: China POM Market was narrow adjusted with firm price in early November

At the beginning of November, the domestic POM market trend was stable and small, and the price was maintained. According to the data monitoring of the business community, the average ex factory price of domestic POM was 13,800 RMB/ ton on October 30 and 13,700 RMB/ ton on November 5, with a weekly increase or decrease of -0.72% and a year-on-year increase or decrease of - 30.46%.

At the beginning of November, the domestic market of POM was generally stable, and the price was mixed. Upstream methanol has risen recently, and POM cost end support is fair. In terms of industry load, the overall load of domestic POM industry enterprises is maintained at more than 90%. Some enterprises are overhauled within a week, and the supply is reduced in a narrow range. At the same time, the health incident affected the shipment and reception of goods in some regions, and some regions were in short supply; The factory price of POM in petrochemical plants has increased and decreased, but the increase is a little bit more, and the supplier's positive effect is acceptable. The operating rate of terminal enterprises is generally restricted by profit and other factors, and the location is general. In terms of purchasing, the wait-and-see mood is heavy, the supply of goods at high prices is relatively resisted, and the overall demand is just in need. The merchant's actual orders are mainly small orders. The smoothness of high price goods is average, and the merchants talk about it in a single way.

At the beginning of November, the POM market operation was generally stable, and the upstream methanol increased to support the POM cost side. The load of POM industry is high. There are still maintenance plans for enterprises next week, and the supply is expected to be tightened. The demand of terminal enterprises is limited to follow up and change, and enterprises mainly digest inventory and purchase scattered small orders. At present, some parts of the market may have a tight supply due to shipping and other problems. In addition, the early supplier price adjustment will boost. It is expected that in the short term, China POM market may still fluctuate in a narrow range.

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