Price trend
| PVA 1788 (PVA BP17) |
According to the data of the bulk list of the business community, the domestic POM market was strong in early June, and the spot prices of some brands increased to some extent. As of June 9, the ex factory price reference offer of POM injection molding sample enterprises of business club was about 21400 yuan / ton, an increase or decrease of +0.47% compared with the average price at the beginning of the month.
Cause analysis
Industrial chain: in terms of upstream formaldehyde, the formaldehyde Market in Shandong rose this week. Although the downstream demand is low, it maintains the just needed procurement, and the market transaction is light. However, the market of raw material methanol is rising, and formaldehyde is tentatively rising. It is expected that the price of formaldehyde will mainly rise in shock.
| POLYVINYL ALCOHOL |
The upstream formaldehyde market rose, and POM cost side support was stable. In terms of industry load, some POM enterprises had maintenance at the end of May. Some enterprises have maintenance plans next week, and the on-site supply is acceptable. The operating rate of terminal enterprises has gradually entered the off-season mode. Generally, due to profit or order problems, the operating rate has gradually narrowed. The purchase operation is cautious and mainly based on small orders. The operation is biased towards bargain hunting to maintain production. Before the off-season, the on-site inventory was still at risk of rising. The mentality of the merchants was general. The offer followed the rise of the petrochemical plant, but the shipment was general.
Aftermarket forecast
Analysts of the business agency believe that the domestic POM market rose this week, the upstream formaldehyde market was strong, and the POM cost support was acceptable. POM industry load fluctuates in a narrow range and is expected to rise next week. The consumption of downstream enterprises is weak, and there is no large-scale replenishment in procurement. It is expected that in the short term, POM prices may be dominated by stalemate.
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