SunSirs: The Price of Methane Chloride in Shandong Province Keeps Rising Due To Tight Supply
November 06 2019 14:00:12SunSirs(John)
Price trend
According to the data monitoring of SunSirs, the recent methane chloride market in Shandong continues to rise, including the current average price of dichloromethane in Shandong is 2900 RMB/ton, up 7.01% from November 1, and the current average price of trichloromethane is 2150 RMB/ton, up 13.16% from November 1.
Analysis review
Product: Affected by the negative impact of enterprise maintenance, the spot supply of methane chloride in Shandong market has been greatly tightened. Under the situation of just stable demand, the price of methane chloride continues to rise. At present, the industry has a good mentality and strong intention to hold up the price. In terms of enterprise maintenance, Shandong Dongyue 280000 tons / year plant maintenance to the middle of November, Shandong Jinling reduced the load, Luxi Chemical started 60% and executed more foreign trade orders. At present, the quotation of dichloromethane in Shandong is 2900 RMB/ton, and that of trichloromethane is 2120 RMB/ton; the quotation of dichloromethane in Jiangsu is 3750 RMB/ton, and that of trichloromethane is 3800 RMB/ton; the quotation of Liwen dichloromethane in Jiangxi is 3000 RMB/ton, and that of trichloromethane is 2850 RMB/ton.
Industry chain: On the upstream side, the natural gas price surged down, the terminal market's acceptance capacity was limited, the manufacturer's shipment was not smooth, and the price came down to about 3840 RMB/ton under pressure. Due to the poor demand on the downstream side, the methanol market declined weakly, at present, about 2150 RMB/ton; the liquid chlorine market was affected by the overhaul, the industry's supply was tight, and the price was firm. At present, the enterprise reported about 700-800 RMB/ton. In the downstream, the domestic refrigerant market continues to be weak, and the terminal market demand is flat, which is expected to remain weak in the short term; the pharmaceutical agricultural market and solvent industry just need to be stable, which is good for the price support of methane chloride.
Industry: according to the price monitoring of SunSirs, in the 43rd week of 2019 (10.28-11.1), there are 12 kinds of commodities rising month on month in the list of commodity prices in the chemical industry sector, among which there are two kinds of commodities rising by more than 5%, accounting for 2.4% of the number of commodities monitored in the sector; the top three commodities are dichloromethane (9.58%), sulfuric acid (6.98%) and aniline (4.24%). There were 40 kinds of commodities with a decrease in the chain, and 4 products with a drop of more than 5%, accounting for 4.7% of the monitored products in the sector; the top 3 products were DMF (-7.88%) and butadiene (-6.73). %), acrylic acid (-5.88%).
Market outlook
According to the data analyst of methane chloride of SunSirs, at present, Luxi Chemical has gradually completed the external orders, and now it has been delivered normally. Shandong Jinling plans to overhaul around the middle of November to the end of the month. The spot supply of methane chloride in Shandong is still tight, and the price of methane chloride is expected to be high and firm in the short term when the demand is just stable.
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