ChemAnalyst Data Pvt Ltd

  North America During the first quarter of 2024, the P olyoxymethylene (POM)  market in North America remained stable, with a moderate supply. Several factors influenced the market during this period. Firstly, weak demand from the automotive and electronics manufacturing sectors negatively impacted the overall market. Additionally, the depreciating prices of the feedstock Formaldehyde contributed to the downward price movement of POM. The reduced demand for POM further improved supplier delivery times and maintained downward pressure on purchasing costs. Transactions for POM were moderate, as downstream users showed limited interest in stockpiling and preferred purchasing at lower price levels. The price comparison between the first and second halves of the quarter remained stable. The average price of Polyoxymethylene Injection Grade CFR Manzanillo in Mexico during the first quarter of 2024 was USD 3333/MT. Overall, stable market conditions in North America during this perio...