Dichloromethane’s downward trend expands

This week (1.18-1.24), the downward trend of dichloromethane continued to expand. According to the Commodity Market Analysis System of Shengyi Society, on January 24th, the average price of dichloromethane water in Shandong Province was 2465 yuan/ton, with a weekly decline of 7.85%;

 

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Logistics are restricted near the Spring Festival, market trading is weak, and demand support is insufficient. On January 24th, the ex factory price of mainstream dichloromethane in Shandong region was around 2410-2450 yuan/ton.

 

Supply side: The starting load this week remains stable compared to last week. The following is the operation status of the enterprise’s methane chloride unit:

 

Cost aspect: With the holiday approaching and poor demand, the shipment of methanol and liquid chlorine is under pressure, and the market continues to decline. On January 24th, the spot price of methanol in Shengyi Society was 2630 yuan/ton, a decrease of 4.65% from the beginning of the month.

 

Demand side: The refrigerant market is facing tight supply, with prices maintaining stability and exploring upward trends. As the Spring Festival holiday approaches, foreign trade delivery is not optimistic, and the domestic trade atmosphere is light.

 

Business analysts believe that as the Spring Festival holiday approaches, transportation restrictions, holiday arrangements, and other factors will further affect overall production and sales. Waiting for resumption of work and production after the holiday, it is expected that the dichloromethane market will operate weakly and steadily after the holiday.

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