Market Overview:

According to the monitoring of bulk data from the business agency, the dichloromethane market in Shandong continued to rise this week. At the beginning of the week, the price of dichloromethane was about 2230 yuan / ton, and at the end of the week, it was about 2350 yuan / ton, up 5.38% in the week.

Market analysis:

Product: due to the long-term low price shipment in the early stage, the inventory pressure of dichloromethane enterprises in Shandong Province is no longer there, and the enterprises have raised their prices one after another, but the downstream market demand is still not getting better and the support is insufficient. At present, the quotation in Shandong is about 2350 yuan / ton, Jiangxi Liwen is about 2700 yuan / ton, and Jiangsu is about 2950 yuan / ton.

Industry chain: on the upstream side, the domestic methanol market demand surface is light, the contradiction between supply and demand depends on each other, in addition to the transmission of the new Northwest price decline, the mainland continues to decline, at present, about 1780 yuan / ton; the overall production of liquid chlorine market is relatively stable, and the downstream market demand is flat, at present, about 200-300 yuan / ton. In the downstream, there is no obvious improvement in the domestic refrigerant market demand end, and the demand is mainly rigid. At present, the demand is about 17500-19000 yuan / ton; in the recovery of pharmaceutical and agricultural market and solvent industry, the demand is flat, and the price support for dichloromethane is insufficient.

Future forecast:

According to the methane chloride data analyst of business association, at present, the supply of dichloromethane in Shandong Province is gradually recovering, but the downstream market demand has not improved significantly. In addition, the raw material support is insufficient, and it is expected that the operation will be light and stable in a short time.