1、 Price trend

According to the commodity market analysis system of Business Society, the average market price of tetrachloroethylene on May 11th was 5012 yuan/ton, and the average market price of tetrachloroethylene barrels on May 6th was 5050 yuan/ton. The market price of vinyl chloride fell by 0.74% this Thursday.

2、 Analysis and Review

After the May Day holiday, the price of tetrachloroethylene slightly decreased. Enterprises started operating at a high level, and the supply was stable. Downstream factories did not start operating enough, so they purchased according to demand. The market price of tetrachloroethylene was weak.

The downstream refrigerant R125 market continues to operate steadily at a high level, with prices ranging from 42000 to 45000 yuan/ton. As summer approaches, downstream industries such as air conditioning, industrial and commercial refrigeration, and chillers are experiencing increased demand, and the optimistic atmosphere in the industry continues.

3、 Future Market Forecast

Business Society’s tetrachloroethylene analyst believes that the high demand situation provides strong support for the stable tetrachloroethylene market, but the production situation has declined, and the supply of tetrachloroethylene is sufficient. It is expected that the price of tetrachloroethylene will fluctuate and consolidate in the short term.