Price trend

Chloroform market rose slightly this week (2.10-217). According to the data of SunSirs, the price of bulk chloroform in Shandong was 2,475 RMB/ton as of February 17, up 1.02% from the price of 2,450 RMB/ton on last Friday.

Analysis review

The downstream refrigerant market of chloroform s made a small number of inquiries after the start of the Spring Festival, and the market transactions were mainly small orders. Due to the small inventory of enterprises and the shutdown and maintenance of some enterprises' methane chloride devices, the market supply was expected to be tight, the factory price of chloroform was slightly increased, and the mainstream offer of chloroform market was slightly increased.

This week (2.10~2.17), the operating rate of methane chloride unit decreased slightly.

This week (2.10~2.17), the price of raw methanol rose slightly, and the cost of chloroform was supported. According to SunSirs, the spot price of methanol was 2,721 RMB/ton as of February 17, up 1.33% from the price of 2,685 RMB/ton on February 10.

In 2023, the total production quota of R22 will be reduced by 19% to 181,800 tons. After the Spring Festival, the price of R22 rose slightly, but the operating rate remained low, and the demand for chloroform was mainly rigid.

Market outlook

According to the methane chloride data analyst of SunSirs, although the demand for chloroform is slightly weak, the inventory of enterprises is not large. In addition, the supply is expected to be tight, and the refrigerant peak season is coming, it is expected that the market of chloroform may continue to rise in the short term.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com