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Updated to Q2 2017
Market conditions have remained relatively stable in the European polyacetal (POM) market during 2017 and demand and supply levels were largely balanced during the second quarter. However, there was a lull in demand at the end of April caused by the Easter holidays.
Second-quarter POM contracts settled in the first week of May at an increase of €0.10-0.15/kg - the first price movement since the second quarter of 2016. This was largely driven by the firming of key feedstock methanol since mid-2016.
Methanol contract prices started on an upward trajectory in the middle of 2016, with POM prices remaining stable throughout that period. The large increase in the first-quarter methanol contract this year intensified the upward pricing pressure in the POM market.
However, methanol prices on the spot market were at least €80/tonne below the second-quarter contract price from April to mid-June, putting downwards pressure on the upcoming third quarter settlements for both methanol and POM.
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ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Polyacetal. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
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Polyacetal or POM is a crystalline plastic often used for technical applications due to its strength, ductility (ability to be drawn into threads without breaking) and good machinability. Its properties make it suitable for click connections (e.g. bicycle lamp holders). The material is known for its stiffness, strength and hardness up to 120ºC, and is as elastic as many metals. It is wear resistant and has a very low friction coefficient. The colour is opaque white, and carbon black can be added to protect the product from UV-light.