Market Overview:

According to the bulk data monitoring of the business agency, the dichloromethane market in Shandong Province rose and fell in December, with an average price of 2680 yuan / ton at the beginning of the month and 2600 yuan / ton at the end of the month, an overall decline of 2.99%.

Market analysis:

Product: affected by the supply-demand relationship, the dichloromethane market in Shandong Province rose and fell sharply in December, with the highest price of 2720 yuan / ton and the lowest price of 2450 yuan / ton, a difference of 10.91%. This month, dichloromethane production enterprises started steadily, with low inventory. The downstream market just needs to purchase, and the enterprise’s adjustment quotation is mostly affected by the enterprise’s inventory. At present, the quotation in Shandong is about 2600 yuan / ton; in East China is about 2800-2900 yuan / ton; in Jiangxi, Liwen is about 3150 yuan / ton.

Industry chain: in the upstream, due to the oversupply of the market, the price of natural gas continued to fall by 19.11% in the month. In the face of the insufficient support of dichloromethane, the cost is about 3760 yuan / ton at present; the supply of liquid chlorine market is sufficient, but the demand of the downstream market is not good, and the enterprise’s quotation continues to decline. At present, the price is over reported at about 400-550 yuan / ton. In the downstream, the supply of domestic refrigerant market is tight, the inventory is low, and the price rises slightly, but the overall construction is still low; the pharmaceutical and agricultural market and solvent industry just need to be flat, and the price of dichloromethane is generally supported.

Future forecast:

According to the data analyst of methane chloride of business association, due to the traditional off-season of dichloromethane, low purchase intention of downstream market and traders, and insufficient support of demand side, dichloromethane production enterprises mostly intend to stabilize prices, and the market is in a state of game, which is expected to stabilize in the short term.