The global Polyoxymethylene (POM) market continued to exhibit varied trends for the month of March 2025, regional variations are shaping the overall pricing and demand dynamics. While some regions witnessed the minimalist increase in commodity prices, other regions experienced stable or negligible fluctuations. This indicates a diverse market response influenced by regional economic conditions and industry specific demands.

Germany, a key market in the European region, POM prices expressed a trivial decline of approximately 0.12% compared to the previous month February 2025. Although statistically the prices of POM didn’t shoot much but it highlighted a trend on relative price instability from upstream raw material costs. Notably, the price of formaldehyde, the principal feedstock to produce Polyoxymethylene, lifted a sharp rise of 11.54% compared to February 2025.

Traditionally a spike in feedstock cost would exert an upward pressure on downstream product prices, including POM. However, the impact of rising formaldehyde prices on the German POM market was largely offset by heavy demand from the automotive sector, the major end consumer of Polyoxymethylene. Furthermore, the construction sector remained quiet as low demand for building materials and products relieved supplier pressure and contributed to faster delivery times for purchases.

China, world’s largest producer of Polyoxymethylene (POM), experienced a notable decline of 1.78% in domestic POM prices for the month of March 2025. Unlike Germany or USA, the Chinese POM market was not fluctuated or influenced by rising of upstream costs. The market remained insulated, considering March downtick of 0.59% in formaldehyde prices, the key feedstock for POM production.

The Chinese market is currently experiencing an abundant supply of POM, while demand from downstream sectors such as automotive, electronics, and industrial manufacturing has remained moderate to average. The abundant supply and average demand have filled the inventories.

In response to these market conditions, Chinese downstream industries entered the market offering low price to support the consumption for POM. While this strategy has led to a gradual stabilization and slight strengthening the prices of the short term, this effect is unlikely to sustain over the long run.

Looking ahead to April 2025, the outlook for Chinese POM market is suggested decline in prices. The primary reason is the ongoing oversupply, which continues to outweigh demand recovery efforts. Without a significant resurgence in downstream consumption or a reduction in production rates, the market is expected to face downward pressure on pricing, even if raw material costs remain favorable.

As per ChemAnalyst, The German POM market will show stability with minimal fluctuation, but the Chinese market will face decrement with the prices for POM in the upcoming weeks.