Price trend
| Azodicarbonamide (AC foaming Agent) |
In the first ten days of February, the domestic POM market was relatively active, and the overall price performance was stable first and then rose. According to the data monitoring of the Business News Agency, as of February 10, the average ex-factory price of domestic POM was 14200 yuan/ton, and the price level increased by+1.91% from the beginning of the month.
Cause analysis
In terms of raw materials: the market price of formaldehyde in Shandong Province has been fluctuating recently. It can be seen from the figure below that the formaldehyde market is mainly subject to small fluctuations, and this week’s market has declined. As of February 9, the mainstream market price in Shandong was 1200-1280 yuan/ton. After the Lantern Festival, the downstream demand recovered slowly and the formaldehyde inventory was high. In order to ship, the formaldehyde manufacturers led the market down.
Supply: In the first ten days of February, the operating rate of domestic POM enterprises continued to run at a high level, and the industry load reached more than 97%, almost full. The inventory situation of the enterprise is OK, the inventory position is low, and the processing profit has declined.
Demand: In terms of demand, there is an atmosphere of speculation in the market due to the tight supply in the near future. In addition to the promotion of the resumption of work and stock preparation of terminal enterprises after the holiday, the current demand is gradually released, which has a driving effect on the spot price.
| povidone Iodine |
The tight supply of goods in the POM market continues, and the manufacturer’s ex-factory price is rising steadily. Guided by this, the traders’ mentality is strongly supported.
Aftermarket forecast
In the first ten days of February, the POM market rose steadily. The domestic polymerization plant operates at almost full capacity, but the inventory pressure is small, the supply of goods on the site is more compact, and the ex-factory price of domestic materials is quite high. The demand side is gradually developing, and it is expected that the downstream enterprises will still have room to expand the scale of resumption of work, and some customers will have upward-seeking operations. It is expected that the POM market will continue to run strongly in the short term due to the support of the supply side.
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