Price trend
According to the data of business club’s block list, the domestic POM market continued to be active in the middle and late April, and the spot prices of various brands increased. As of April 21, the average offer price of the POM injection molding sample enterprises in the business community was about 15033.33 yuan / ton, up 2.50% compared with the average price at the beginning of the month.
Cause analysis
POM upstream formaldehyde, the beginning of this month, the domestic formaldehyde market continued to be weak. At the beginning of this month, the restart of some formaldehyde plants caused the lower reaches to conflict with high price sources, and the market transaction was blocked. Formaldehyde market showed a broad overall trend. The trading atmosphere of raw material methanol is general, the traders operate cautiously, and the support for formaldehyde is limited. At present, on-site purchase and sales have stabilized, and prices have returned to horizontal operation.
There is a callback in the upstream price position, and POM cost side support is general in the middle of the month. The shortage of domestic POM supply has increased, and enterprises are willing to report more. The reference price of Tianye Chemical M90 is about 14500 yuan / ton, which is for negotiation. Yuntianhua M90 ex factory reference price is about 16600 yuan / ton, firm offer for negotiation. The POM unit of Shenhua Ningmei coal works normally. The reference price of mc90 is about 14000 yuan / ton, with cash withdrawal. Compared with the previous period, there were certain increases. In the current maintenance season, enterprises are gradually reducing the burden, the supply is expected to be tight, and traders are reluctant to sell. The downstream operation is biased to just need to take the goods, and the price focus of POM continues to move up without hoarding.
Future forecast
Analysts of business news agency think: in late April, the domestic POM market atmosphere is still strong. Although formaldehyde trend is not good, POM cost support is weakened. However, there is a tight supply of goods on the floor, and the current supply side is favorable and dominates the market. Due to the high price of POM, the downstream resistance gradually accumulated. At present, under the pressure of high cost, the profit space of downstream enterprises is limited, which affects the consumption of POM. It is expected that the POM market will operate under the favorable situation of tight supply in the near future, and there may still be a slight increase.
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