Price trend

According to the data monitoring of SunSirs, the dichloromethane market fell weakly in May. As of May 31, the average price of dichloromethane (bulk water) in Shandong was 3,787 RMB/ton, down 19.20% from the price of 4,687 RMB/ton at the beginning of the month.

Analysis review

Since May, the start-up of domestic methane chloride plants increased to around 80-90%. The Jinling plant in Shandong was running at 90% of the load, Dongyue was running at full capacity, and the Luxi plant was running at 80%. The construction of Liwen, Meilan, Juhua and other enterprises in Jiangsu and Zhejiang was also high. In addition, Dongying Huatai's new first-phase 160,000-ton/year methane chloride plant was scheduled to be put into operation in the near future, further increasing the domestic supply pressure.

In May, the spot price of raw material methanol fell slightly, and the cost side weakened slightly. According to the understanding of SunSirs, as of May 31, the price of methanol was 2,617 RMB/ton, down 4.64% from the price of 2,745 RMB/ton at the beginning of the month.

Market outlook

The methane chloride data analyst of SunSirs believes that the current supply and demand sides are under pressure, and it is expected that dichloromethane may continue to weaken in the near future.

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