Price trend

In May, the domestic market for chloroform saw a significant increase. According to the Commodity Market Analysis System of SunSirs, as of May 31, the price of bulk chloroform in Shandong Province was 2,920 RMB/ton, an increase of 5.42% from 2,770 RMB/ton in early May.

Analysis review

The price of raw material methanol had fluctuated higher, the price range of liquid chlorine had been consolidated, and the cost of chloroform continued to support. Downstream R22, with the arrival of high temperature weather, the demand for air conditioning maintenance had increased; In addition, there was some support from export orders from enterprises in the region in the second half of the month, the overall market for chloroform was on the rise.

In May, the operation of domestic methane chloride plants increased, and the operating rate of the plants gradually increased from 71% in early May to around 79% at the end of the month.

In May, the price of raw material methanol fluctuated and rose, while the price range of liquid chlorine stabilized. The cost of chloroform continued to support. According to the commodity market analysis system of SunSirs, as of May 31st, the spot price of methanol was 2,761 RMB/ton, an increase of 4.15% from the beginning of the month's 2,651 RMB/ton, and a decrease of 8.55% from the high point of 3,020 RMB/ton in the cycle; At the end of May, the price of liquid chlorine in tank trucks in Shandong region was 500 RMB/ton, a significant increase from 300 RMB/ton in the middle of the month, and remained unchanged from 500 RMB/ton at the beginning of the month.

In May, with the arrival of high temperature weather, the downstream refrigerant R22 had increased the demand due to air conditioning maintenance, providing some necessary support for chloroform.

Market outlook

SunSirs’ methane chloride data analyst believes that the cost of chloroform continued to support; The demand for downstream refrigerant R22 had increased to some extent, but the production was still at a low level. The support for demand for chloroform in the later stage is limited, and it is expected that the chloroform market will mainly narrowly consolidated in the later stage.

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.