Price trend

According to the monitoring of the bulk data of the business agency, the chloroform market in Shandong has risen sharply due to the high production cost and the reduced operating rate of enterprises. As of December 1, the average price of chloroform in Shandong was around 3,450 RMB/ton, and it rose by 800 RMB/ton within five days, an increase of 30.19%, an increase of 72.5% over the same period last month.

Analysis review

Recently, the chloroform market in Shandong has continued to be strong. Affected by the high price of raw materials, the cost of chloroform production companies is high, companies have reduced operating rates, market supply has declined, and company inventories have not been pressured in the short term. Therefore, the industry has pushed up sentiment. At present, the price of chloroform in Shandong is about 3,450 RMB/ton, the quotation of Jiangxi Lee & Man’s chloroform is about 3,250 RMB/ton, and the price of chloroform in Jiangsu is about 3,250 RMB/ton.

In terms of raw materials, some parts of the methanol market are affected by the weather, and there is no quotation for the shutdown of the plant for maintenance. The inventory of manufacturers is not high, and the mentality of the industry is mostly optimistic. At present, traders’ profits are fair. It is expected that the domestic methanol market will fluctuate mainly in the short-term, currently around 2,097 RMB/ton. The liquid chlorine market is operating at a high level. Due to the impact of corporate maintenance in Shandong, the spot supply has declined, but the downstream market has obvious resistance to high prices and the purchase is relatively complete. Some liquid chlorine companies have accumulated inventory and prices have fallen slightly. The current mainstream quotation in the industry is around 1,500- 1,700 RMB/ton.

In the downstream refrigerant market, due to insufficient quotas at the end of the year, manufacturers are priced up, and raw materials have risen slightly, refrigerant prices have risen, but demand support is weak, the transaction atmosphere is weak, and the industry is bearish; the pharmaceutical and agricultural solvent industry has started at a mediocre pace, and the support for chloroform is average.

Market outlook

Methane chloride data analysts of SunSirs believe that the overall chloroform market in Shandong is not operating high at present, the pressure on corporate inventory is not large, and the company's intention to raise prices is obvious, which will drive the surrounding market to rise strongly. It is expected that the price of chloroform will remain high in a short period of time. Pay attention to changes in the price of raw material liquid chlorine.

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