Price trend

Recently (3.1-3.11), the market for dichloromethane had fluctuated and risen. According to the commodity market analysis system of SunSirs, as of March 11th, the average price of bulk dichloromethane in Shandong Province was 2,240 RMB/ton, an increase of 2.99% from 2,175 RMB/ton on March 1st, and the low point in the cycle was 2,155 RMB/ton.

The price of raw material methanol fluctuated narrowly, while the price of liquid chlorine remained stable, with cost support for the market of dichloromethane; The inventory levels of merchants and terminals in Shandong region were generally low, but inquiries were cautious; Some production enterprises had raised their factory prices due to relatively low inventory levels, resulting in a slight increase in merchant offers. As of March 11th, the factory price of mainstream bulk dichloromethane in Shandong region was around 2,230-2,250 RMB/ton.

Analysis review

Recently (3.1-3.11), there had been a slight fluctuation in the domestic supply of methane chlorides, with an overall operating rate of around 68%.

Recently (3.1-3.11), the price of raw material methanol had fluctuated narrowly, while the price of liquid chlorine had remained stable, and the cost of dichloromethane continued to support. According to the commodity market analysis system of SunSirs, as of March 11th, the spot price of methanol was 2,730 RMB/ton, which was 0.33% higher than the price of 2,740 RMB/ton on March 1st; The low point within the cycle was 2,691 RMB/ton. As of March 11th, the acceptance price of liquid chlorine in Shandong region was around 300 RMB/ton.

After the holiday, downstream production had gradually increased, with low levels of inventory for merchants and terminals. However, they were cautious in observing and inquiring about the future market, and mainly supported the dichloromethane on demand.

Market outlook

SunSirs’ methane chloride data analyst believes that although some companies had low inventory, terminal inquiries were cautious; The price of raw material methanol fluctuated narrowly, while the price of liquid chlorine remained stable in the short term. Overall, it is expected that the market for dichloromethane will mainly fluctuate in the later period.

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