Market Overview:

According to the bulk data monitoring of the business agency, the dichloromethane market in Shandong Province rose sharply during the May 1st period. At the beginning of this week, the average price of dichloromethane in Shandong Province was about 2000 yuan / ton. At the end of this week, the average price of dichloromethane was about 2200 yuan / ton, with an overall increase of 10% in the week.

Market analysis:

Products: during the May 1st period, due to the high price of liquid chlorine for raw materials and the negative impact of the maintenance of some enterprises in East China of Shandong Province, the price of dichloromethane rose sharply, the enterprise’s inventory pressure was not great, the downstream purchase and stock up situation was acceptable, and the market mentality after the festival was poor, mainly to maintain stability. At present, the quotation in Shandong is about 2200-2250 yuan / ton, in South China about 3200 yuan / ton, and in East China about 1950 yuan / ton.

Industry chain: in the upstream, affected by the increase of downstream replenishment and freight, the domestic methanol market price has recovered, at present, it is about 1727 yuan / ton; the liquid chlorine market is high and volatile, and the market supply is well supported. At present, the quotation in North China is about 300-600 yuan / ton, and in East China is 700-850 yuan / ton. In the downstream, the domestic refrigerant market continued to decline, the market trading was cold, and there was no obvious sign of improvement. At present, the price hovered around 15000 yuan / ton; the purchase of solvent and pharmaceutical pesticide industry was weak, and the price support for chloroform was insufficient.

Future forecast:

According to the data analyst of methane chloride of business association, the operation rate of dichloromethane market is low at present, which is about 40-50% as a whole. The inventory pressure of enterprises is not high, but the demand of downstream market is not good, and the enterprises are on the edge of profit and loss. It is expected that the operation will be stable in a short time.