Price trend

Recently (1.5-1.25), the market for dichloromethane had fluctuated and fallen. According to the Commodity Market Analysis System of SunSirs, as of January 25th, the average price of bulk dichloromethane in Shandong Province was 2,307 RMB/ton, a decrease of 3.25% from 2,385 RMB/ton on the 5th; The high point within the cycle was 2,410 RMB/ton. The prices of raw materials methanol and liquid chlorine had fluctuated upwards, while the cost center of dichloromethane had increased; The demand for dichloromethane was gradually weakening before the holiday, and downstream production was stable. The demand for dichloromethane was relatively weak, with a slight increase in enterprise inventory, but the overall pressure was still acceptable. The dichloromethane market was weak and consolidating, with the mainstream factory price of dichloromethane loose water in Shandong region around 2,290-2,450 RMB/ton as of January 25th.

Analysis review

Recently (1.5-1.25), there had been a slight fluctuation in the domestic supply of methane chlorides, and Guangxi Jinyi's 300,000 ton/year plant will be shut down for maintenance starting from the 8th; The annual unit load of Ningbo Juhua is gradually increasing by 400,000 tons.

Recently (1.5-1.25), the prices of raw materials methanol and liquid chlorine had fluctuated and risen, and the cost center of dichloromethane had increased. According to the commodity market analysis system of SunSirs, as of January 25th, the spot price of methanol was 2,615 RMB/ton, an increase of 8.58% from the 2,409 RMB/ton on the 5th. As of January 25th, the acceptance price of liquid chlorine in tank trucks in Shandong region was around 400 RMB/ton, which was higher than the previous price.

As the Spring Festival approaching, downstream construction was stable, and demand gradually decreased after stocking, weakening support for dichloromethane.

Market outlook

The methane chloride data analyst from SunSirs believes that the demand side for dichloromethane is weak in the short term, the supply side is not under pressure, and the cost side is relatively strong in the short term. Overall, it is expected that the dichloromethane market range will be mainly consolidated in a range before the holiday.

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