Price trend

In the first half of October, the dichloromethane market fell first, then rose, and fell as a whole. According to the monitoring of SunSirs, as of October 17, the average price of dichloromethane (bulk water) in Shandong was 3,090 RMB/ton, 2.22% lower than the price of 3,160 RMB/ton at the beginning of the month, and the cycle low was 3,025 RMB/ton.

Analysis review

As of the 17th, the ex factory price of Jinling dichloromethane (bulk water) was 3,070 RMB/ton; The factory price of dichloromethane (bulk water) of Luxi Chemical was 3,150 RMB/ton; The ex factory quotation of dichloromethane (bulk water) in Jiangsu Liwen was 3,700 RMB/ton. It was mainly affected by three aspects: firstly, the domestic methane chloride started at a high level, and the supply of dichloromethane was generally loose; Secondly, the price of raw material methanol fell sharply after the festival, and the cost support was weakened; Finally, the downstream demand side was mainly flat, and the procurement of dichloromethane was mainly small orders on demand.

Since October, the commencement of domestic methane chloride remained at a high level, with little overall change.

Since October, the spot price of methanol has declined significantly, and the cost support of dichloromethane has weakened. According to SunSirs, as of October 17, the spot price of methanol was 2,800 RMB/ton, down 7.05% from 3,012 RMB/ton at the beginning of the month, and the peak in the cycle was 3,246 RMB/ton.

Since October, the downstream demand has been flat, and the thinner, cleaning and pharmaceutical industries had mostly made small stock before the festival. After the festival, the demand based purchase of dichloromethane was mainly small, and the support for dichloromethane was weaker than that in September.

Market outlook

According to the methane chloride data analysts of SunSirs, the domestic supply of methane chloride is mainly loose, the cost is subject to shock adjustment, and the downstream stock is not active, so it is expected that the dichloromethane market will consolidate in a narrow range.

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