Price trend

According to the data of SunSirs, the chloroform market continued to decline this week (10.31-11.4). As of November 4, the price of chloroform (bulk water) in Shandong was 3,637 RMB/ton, down 3.64% from the price of 3,775 RMB/ton on last Friday. There was no significant increase in demand for chloroform, the supply side was loose, the factory price of enterprises was lowered, and the business offer was lower.

Analysis review

This week (10.31-11.4), the operating rate of methane chloride did not change much, and the pressure on the supply side of chloroform remained. Dongyue’s 300,000t/a equipment was put into operation on October 26, reducing the load to 60%; Dongying Huatai’s 160,000 t/a equipment was restarted in early November.

This week (10.31-11.4), the spot market of methanol rose slightly, and the cost of chloroform rose slightly. According to SunSirs, as of November 4, the spot price of methanol was 2,864 RMB/ton, up 2.65% from the price of 2,790 RMB/ton on last Friday. The domestic methanol market in East China was surging, the crude oil was running in shock, and the coal price was strong to support the production cost. The port market continued to de stock mainly.

Downstream refrigerant market was sluggish and the operating rate iws low; Printing and dyeing, printing ink and paint and other industries started stably, and the demand has certain support. for chloroform

Market outlook

According to the methane chloride data analysts of SunSirs, the supply side is loose, the demand side is not significantly increased, and the cost side is higher. It is expected that the chloroform market will shake and consolidate in the later period.

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