Market Overview:

According to a large amount of data monitoring from the business agency, the dichloromethane market in Shandong Province kept stable operation this week, and the average price of dichloromethane in Shandong Province was around 2480 yuan / ton in the week.

Market analysis:

Product: due to the traditional off-season of dichloromethane market, the downstream demand is flat, and the demand side support is insufficient. Although the overall inventory of the market is low, it still cannot prevent the weak operation of dichloromethane price. At present, the quotation in Shandong is about 2480 yuan / ton; in East China is about 2700-2800 yuan / ton; in Jiangxi, Liwen is about 2650 yuan / ton.

Industrial chain: in the upstream, the weakness of natural gas market is hard to change, with a decline of 5.38% in the week. In the face of insufficient support of dichloromethane, the cost is about 3273 yuan / ton at present; the liquid chlorine market is stable and volatile, and the demand in the downstream is flat, with an increase of about 300-450 yuan / ton at present. On the downstream side, the domestic refrigerant market is in short supply and the downstream stock is picking up, and the weekly price is slightly higher; the pharmaceutical 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, it is in the off-season of dichloromethane at present, with low inventory of enterprises and poor downstream demand. Under the condition of weak supply and demand, it is expected to be stable and moderate in the short term.