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Asian Polyoxymethylene: Slips further on poor demand  / Slower month expected ahead  / Producers cut output to stem price decline

Asian Polyoxymethylene: Slips further on poor demand / Slower month expected ahead / Producers cut output to stem price decline

Jun 13, 2026

CIF China polyoxymethylene $15/mt lower week over week at $1,275/mt Aug. 27, within tradable indications heard at $1,270-$1,400/mt and below offers heard at $1,290- $1,500/mt. "We see even slower trading from this month to the next. Lower demand, coupled with abundant supply, has made the situation even worse," a Northeast Asian producer said, expressing the overall bearish sentiment prevalent in the industry. A Chinese trader said the market has been persistently weak, resulting in a lack of orders for sellers. "Although many factories are cutting down on production to stem the decline in prices, overall operating rates are still high. This is unsustainable," the trader added. Another China-based trader concurred, saying that "there's oversupply in the market and though producers have somewhat lowered their operating rates, this has not been...

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