Market Overview:

According to the bulk data monitoring of the business agency, after May 1st, the dichloromethane market in Shandong continued to rise. As of May 19th, the average price of dichloromethane in Shandong was about 2400 yuan / ton, 20% higher than 2000 yuan / ton at the beginning of May.

Market analysis:

Products: at present, the dichloromethane market in Shandong continues to rise, and the overall operating rate of enterprises will be less than 50%. Among them, the 440000t / a plant in Jinling, Shandong Province will be operating 50%, the 400000t / a plant in Luxi Chemical Industry will be operating 40%, the 280000t / a plant in Dongyue, Shandong Province will be operating 40%, and the 80000t / a plant in Jinmao, Dongying, Shandong Province will be shut down to now. The overall inventory of the industry is low, the market spot supply is tight, and the downstream mining will be carried out The situation of purchase and stock up is fair, and the rigid demand is the main factor. At present, the quotation in Shandong is about 2400-2500 yuan / ton, in Jiangxi about 2400 yuan / ton, and in East China about 2100 yuan / ton.

Industry chain: in the upstream, affected by the slow down demand in the downstream and the rising inventory in the port, the price of methanol in the domestic market fluctuated and fell, and the market started steadily, at present, about 1692 yuan / ton; the liquid chlorine market is high and firm, the large factories in Shandong Province have reduced the load, the market supply is tight, and the downstream market just needs the most, and the current market quotation is 500-800 yuan / ton. In the downstream, the domestic refrigerant market began to stabilize after a sharp decline, with strong firm price intention and declining market supply. At present, the price hovers around 15000 yuan / ton; the purchase of solvent and pharmaceutical pesticide industry is just in short demand, and the price support for dichloromethane is insufficient.

Future forecast:

According to the data analyst of methane chloride of business association, at present, the operation rate of dichloromethane market is low, the inventory pressure is not large, the firm price intention is strong, the downstream market just needs to buy, the recent inquiry of traders increases, and it is expected to be high and strong in a short time.