According to the data monitoring of the business news agency, the trichloromethane market in Shandong has risen sharply since February. As of March 10, the average price of trichloromethane in Shandong was about 3646.67 yuan / ton, up 51.94% from 2400 yuan / ton in early February.

First of all, affected by the enterprise burden reduction and low inventory, the spot supply of chloroform in Shandong is tight. On the one hand, in February, some enterprises and other devices were overhauled, resulting in a decrease in the overall output of chloroform, smooth delivery and no inventory pressure; on the other hand, in the later period, some enterprises had maintenance plans in March. According to the business news agency, Jinling planned to stop for maintenance for about 20 days on March 12. It is expected that the supply will continue to be tight in the later period and the market will be bullish. After the Spring Festival, the ex factory price of chloroform increased frequently. On March 10, the ex factory price of chloroform increased by 200-300 yuan / ton within a day. The mainstream ex factory price of chloroform including tax was about 3730-3800 yuan / ton. The market offer has risen further, with individual traders offering about 4500 yuan / ton with package and tax.

Secondly, the price of raw materials is high and the cost is relatively strong. Since the end of February, the price of raw material liquid chlorine in Shandong has increased by more than 1000 yuan / ton, with strong cost support. According to the business community, as of March 8, the price of liquid chlorine in Shandong has reached 1800 yuan / ton; the price of raw material methanol is high and in the rising channel, and the price has continued to rise since February. According to the business community’s monitoring, as of March 10, the price of methanol was 2462 yuan / ton, compared with 2290 yuan / ton at the beginning of February Yuan / ton rose by 7.51%.

Finally, the peak season of downstream refrigerants is gradually coming, the orders of refrigerants are increasing, even some models are full, the operating rate is increasing, and the demand side support is strengthened, which promotes the price of chloroform to rise.

Business community methane chloride data analysts believe that the current trichloromethane production enterprises in Shandong Province have little inventory pressure, coupled with the soaring raw material prices, cost pull, demand side and downstream peak season, it is expected that the price of trichloromethane will still have upward space in the later period.