China’s domestic dichloromethane market tumbled in September

Market Review

 

According to a large number of data monitoring by business associations, the market of dichloromethane in Shandong Province shook and fell in September. At the beginning of the month, the average price of dichloromethane in Shandong Province was about 2730 yuan/ton, at the end of the month, it was about 2410 yuan/ton, and fell by 11.72% in the month.

quotations analysis

Products: This month, the market of dichloromethane in Shandong Province shocked. At the beginning of this month, the market of dichloromethane continued to rise at the end of August, with an overall increase of about 100 yuan/ton, and then continued to rise at a high level. After mid-month, due to poor downstream demand, the market of dichloromethane continued to decline. Towards the end of this month, due to factors such as National Day holiday stocks, prices gradually warmed up. At present, the price of dichloromethane in Shandong is about 2590 yuan/ton; that in East China is about 2700-2900 yuan/ton; and that in Liwen, Jiangxi is about 2850 yuan/ton. In terms of plant start-up, Jinling in Shandong Province started normal construction, about 60% of chemical industry in Western Shandong Province, Jiangsu Science and Culture Plant started normal construction, and 90% of Jiangxi Science and Culture Plant started construction.

barium chloride

Industry chain: Upstream, the natural gas market continued to decline after a slight recovery, with an average price of 2973 yuan/ton at the beginning of the month and 2793 yuan/ton at the end of the month, with an overall decline of 6.05%. In the liquid chlorine market, the overall steady decline in the month, the downstream demand is not satisfactory, and the shipment price of mainstream enterprises has slightly fallen, with the current enterprises reporting an additional 200-300 yuan/ton. Downstream, the domestic refrigerant market entered the off-season demand is not good, the pharmaceutical and agricultural markets and solvent industries affected by the National Day, started to work smoothly, purchase just needed.

Future Market Forecast

After the National Day, the downstream industry and traders of dichloromethane have a high enthusiasm for purchasing and replenishing stores, a better trading atmosphere, stable supply of production enterprises, better transportation and logistics, and the market of dichloromethane is expected to rise steadily in the short term.

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