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SunSirs: The Chloroform Market in Shandong Is Weak and Stable
September 11 2020 15:01:26SunSirs(John)

Price trend

According to data from SunSirs’ bulk list, the chloroform market in Shandong is currently operating weakly and steadily. As of September 10, the average price of chloroform in Shandong was around 1,800 RMB/ton, a decrease of 5.76% from 1910 RMB/ton at the beginning of the month. Compared to the same period last month, the price rose 4.05%.

Analysis review   

At present, the chloroform market in Shandong is operating weakly and steadily. Although the price of raw material liquid chlorine has been high recently, the downstream market is still not very enthusiastic about receiving orders. The market transactions have slowed down. Holders mainly wait and see. The market transactions have slowed down. Holders mainly wait and see. At present, the price of chloroform in Shandong is about 1,800 RMB/ton, the quotation of Jiangxi Lee & Man’s chloroform is about 2,300 RMB/ton, and the quotation of chloroform in Jiangsu is about 2,650 RMB/ton.

In the upstream market, the methanol market is affected by corporate maintenance and downstream demand. In the short term, positive factors still exist. Traders have a better bullish attitude. The current price is around 1,802 RMB/ton; the liquid chlorine market is at a high level and the company’s shipments are smooth. The mainstream quotation in the industry is around 800-1,000 RMB/ton.

Refrigerant downstream market stocking peak season has passed, market demand is not good, sales are average, downstream has limited acceptance of high-priced refrigerants, cautiously wait and see the market, and the enthusiasm for catching up is not high; the pharmaceutical and agricultural solvent industry has started flat, supporting chloroform insufficient.

Market outlook

Methane Chloride Data Analyst of SunSirs believes that the chloroform market in Shandong is operating steadily, and the downstream market enters the off-season. The weakness is difficult to change. The high cost side has caused some companies to lose money. It is expected that the chloroform market will temporarily operate stably in a short period of time. Pay attention to the development of the cost side.

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

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