This week (5.22-5.29), the market for dichloromethane slightly increased. According to the Commodity Market Analysis System of Business Society, as of May 29th, the average price of dichloromethane bulk water in Shandong Province was 2410 yuan/ton, an increase of 2.12% from last Monday’s 2360 yuan/ton. Low price consolidation of raw material methanol, weak cost support for dichloromethane; The supply side of methane chloride remains loose; In the second half of this week, some downstream and export areas will be centrally replenished, providing slight support for dichloromethane. The price of dichloromethane has slightly increased.
POLYVINYL ALCOHOL |
This week (5.22-5.29), the start of the methane chloride plant slightly decreased, and the overall supply pressure is still on.
This week (5.22-5.29), the price of raw material methanol has stabilized at a low level, and the cost support for dichloromethane is still weak. According to the Commodity Market Analysis System of Business Society, as of May 29th, the spot price of methanol was 2191 yuan/ton, an increase of 0.04% from last Monday’s 2190 yuan/ton, and the low point during the cycle was 2135 yuan/ton.
PVA 2088 (PVA BP20) |
Although the downstream centralized replenishment is expected in the short term, on the one hand, the magnitude is not significant, and on the other hand, the downstream refrigerant R32 is still operating at a low level, providing limited support for the demand for dichloromethane. The pharmaceutical intermediate and diluent solvent industries have experienced slight fluctuations in production, and dichloromethane just needs support. There was no significant increase in the overall demand for dichloromethane.
Future Market Forecast: According to the methane chloride data analyst from Business Society, the downstream demand for dichloromethane has improved in the short term compared to the previous period. However, the supply side of dichloromethane is loose, and due to the weak fundamentals of the industrial chain, it is expected that the dichloromethane market will consolidate in a narrow range in the short term.
http://www.polyvinylalcohols.com |