In May, the dichloromethane market first rose and then fell, with an overall upward trend. According to the Commodity Market Analysis System of Business Society, as of May 31, the price of dichloromethane bulk water in Shandong Province was 2395 yuan/ton, an increase of 3.68% from 2310 yuan/ton in early May, and a decrease of 4.58% from the high point of 2510 yuan/ton in the cycle. In May, the production of domestic methane chloride plants slightly increased, and some enterprises had a slight increase in dichloromethane inventory at the end of the month; In May, the methanol market for dichloromethane raw materials fluctuated and rose, and the price range of liquid chlorine reorganized, continuing to support the cost of dichloromethane; The downstream refrigerant of dichloromethane started operating at a low level, and the dichloromethane terminal just needed support. At the end of May, the dichloromethane market slightly declined.

In May, the production of domestic methane chloride plants increased, and in the second half of the month, the pressure on the supply side of dichloromethane increased. The production of plants gradually increased from 7.1% in early May to around 7.9% by the end of the month.

In May, the price of raw material methanol fluctuated and rose, while the price range of liquid chlorine stabilized. The cost of dichloromethane continued to support. According to the commodity market analysis system of Shengyishe, as of May 31st, the spot price of methanol was 2761 yuan/ton, an increase of 4.15% from the beginning of the month’s 2651 yuan/ton, and a decrease of 8.55% from the high point of 3020 yuan/ton in the cycle; At the end of May, the price of liquid chlorine tank trucks in Shandong region was 500 yuan/ton, a significant increase from 300 yuan/ton in the middle of the month, and remained unchanged from 500 yuan/ton at the beginning of the month.

Downstream R 32 production has remained stable, with terminals receiving goods on demand. At the beginning of the month, merchants actively stocked up, but later on, as dichloromethane rose to a high level and the supply side relaxed again, merchants were mainly wait-and-see in the later stage. Currently, downstream demand for dichloromethane is mainly supported, and the market atmosphere is flat.

Market forecast: Analysts from Business Society’s methane chloride data believe that some companies still face pressure on inventory, and terminal inquiries are cautious; The prices of raw materials methanol and liquid chlorine continue to support the cost of dichloromethane, and overall, it is expected that the dichloromethane market will fluctuate in the later period.