This week (10.23-10.31), the market for chloroform was weak and downward. According to data from Business Society, as of October 31, the price of trichloromethane bulk water in Shandong Province was 2887 yuan/ton, a decrease of 1.28% from 2925 yuan/ton on the 23rd. The price of raw material methanol fluctuates narrowly, the price of liquid chlorine slightly decreases, and the cost support for trichloromethane is weak; Downstream construction is temporarily stable, with on-demand inquiries for trichloromethane. Market transactions are flat, and trichloromethane enterprises have slightly accumulated inventory, resulting in a decrease in factory prices.

In the recent period (10.23-10.31), the price of raw material methanol has fluctuated and stabilized, while the price of liquid chlorine has weakened and declined, and the cost support for trichloromethane is weak. According to the Commodity Market Analysis System of Business Society, as of October 31, the spot price of methanol was 2445 yuan/ton, an increase of 0.41% from 2435 yuan/ton on the 23rd. The price of raw material liquid chlorine has decreased, and as of the 31st, the acceptance price of tank trucks is 300 yuan/ton.

The overall operation of refrigerant R22 is stable, and in the short term, there are more inquiries on demand for trichloromethane. Support for trichloromethane has slightly weakened, and the total production quota of R22 has been reduced by 19% to 181800 tons in 2023. In the medium to long term, overall support for trichloromethane demand has weakened.

Analysts from Business Society’s methane chloride data believe that cost and demand support will weaken slightly in the short term, and it is expected that the trichloromethane market will consolidate weakly.