Price trend

According to the bulk list data of business society, the recent domestic POM market is sideways, and the high spot price remains firm. As of November 11, the average offer price of POM injection molding sample enterprises of business society was about 19700 yuan / ton, up or down 0% 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 fell and the market was poor. At present, after the introduction of the new price in Shaanxi and Mongolia, the shipment situation is different, the freight is high, the traders operate carefully, and most downstream purchase on demand. The demand of downstream plate factories was general, the procurement maintained rigid demand, and the formaldehyde market fell.

Upstream formaldehyde fell, and POM cost side support weakened. In terms of industrial load, there are still several polymerization plants whose production lines have not been restored to production after maintenance, the overall operating rate is less than 80%, and the market supply is still insufficient. The tight supply pattern in the site remains unchanged, and there are benefits at the POM supply end. The reference price of Shenhua Ningmei mc90 is about 19300 yuan / ton, with cash withdrawal. The reference price of Tianye Chemical is about 19800 yuan / ton. The ex factory reference price of Yuntianhua M90 is about 20000 yuan / ton, which is subject to firm negotiation. The merchant’s inventory position is not high. Try to make a high offer. The downstream feedback on the high price supply after the rise is general.

Future forecast

Business analysts believe that the domestic POM market is high and stable, the upstream formaldehyde market is poor, and the cost support of POM is weak. The on-site supply remains low, and the imported materials do not arrive at the port in time, which is good at the supply end. In terms of demand, terminal enterprises just need to take goods, and the actual trading is light, which forms resistance to the rise of spot. POM market is expected to remain high in the short term.