Price trend

According to the data monitoring of SunSirs, since May (5.1-5.15), the dichloromethane market has been under pressure and fell. As of May 15, the average price of dichloromethane (bulk water) in Shandong was 4,362 RMB/ton, compared with the price of 4,687 RMB/ton at the beginning of the month, fell slightly by 6.93%.

Analysis review

With the restart of Jinling and Fuqiang methane chloride plants, the overall domestic methane chloride operation has increased, and the operating rate has been around 80% since May. In particular, the Jinling plant in Shandong is running at 90% of the load, Dongyue is running at full load, and the Luxi plant is running at 80%. In addition, the new 160,000-ton/year methane chloride plant in Dongying Huatai is scheduled to be put into operation in mid-May, the supply pressure in Shandong has further increased, and the supply is loose. It is expected to have a certain impact on the East China and South China markets in the later period.

In May, the spot price of raw material methanol continued to decline, and the cost support weakened. According to the understanding of SunSirs, as of May 15, the price of methanol was 2,642 RMB/ton, down 3.73% from the price of 2,745 RMB/ton at the beginning of the month.

Market outlook

TThe methane chloride data analyst of SunSirs believes that the current price of raw materials has fallen slightly, coupled with the pressure on the supply side, it is expected that dichloromethane may continue to weaken in the near future.

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