POM prices showed mixed performance in the third week of May xxxx globally, with marginal increases in some regions due to rising feedstock formaldehyde costs and regional pricing trends. Competitive pressures from Asian exporters and trade policy concerns, including U.S. tariffs and USMCA reviews, shaped cautious market sentiment.
U.S. POM prices held at USD x,xxx/MT FOB Pittsburg (May x), increasing x.xx to USD x,xxx/MT by May xx. Stable supply was supported by consistent feedstock availability and controlled production to match weak demand. Rising feedstock formaldehyde costs added slight pressure by mid-May. April auto sales dropped xx to x.xx million units, with inventories sufficient for over xx days, indicating softer demand in May. Asian and European competition curbed exports, maintaining price stability with minor upward adjustments expected in the US market.
POM prices in Germany were stable at...
