SunSirs: In April, the Market for Dichloromethane Weakly Declined
May 07 2024 09:53:42 SunSirs (John)
Price trend
In April, the market for dichloromethane weakly declined. According to the Commodity Market Analysis System of SunSirs, as of April 29th, the price of bulk dichloromethane in Shandong Province was 2,350 RMB/ton, a decrease of 6.93% from the 2,525 RMB/ton in early April. In April, the production of domestic methane chloride plants slightly decreased, but some enterprises saw a slight increase in dichloromethane inventory; In April, the methanol market for dichloromethane raw materials fluctuated narrowly, and the high price of liquid chlorine fell, weakening the cost support for dichloromethane; The peak season for air conditioning was gradually coming to an end, and the downstream refrigerant of dichloromethane was operating at a low level. The on-demand terminal of dichloromethane supported, but there were fewer inquiries from merchants at the end of the month; The overall trend of dichloromethane market was weak and downward.
Analysis review
The operating rate of domestic methane chloride plants fluctuated narrowly in April, and as of the end of April, the operating rate of domestic methane chloride plants was around 68%.
In April, the price of raw material methanol fluctuated narrowly, while the price of liquid chlorine fell from a high level. The cost support for dichloromethane weakened. According to the commodity market analysis system of SunSirs, as of April 29th, the spot price of methanol was 2,649 RMB/ton, an increase of 0.99% from 2,623 RMB/ton at the beginning of the month; At the end of April, the price of liquid chlorine tank trucks in Shandong region was around 400 RMB/ton, a decrease from the high of 700 RMB/ton at the beginning of the month.
Downstream R32 production was basically stable, with terminals picking up goods on demand and businesses mainly watching and watching. As of April 29th, the main support for dichloromethane demand was on demand, and the market atmosphere was flat.
Market outlook
SunSirs’ methane chloride data analyst believes that some companies still faced pressure on inventory, and terminal inquiries were cautious; The prices of raw materials such as methanol and liquid chlorine had weakened their support for the cost of dichloromethane. Overall, it is expected that the dichloromethane market may experience weak fluctuations in the future.
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