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SunSirs: The Supply of Chloroform Has Decreased, and the Chloroform Market Has Been Operating Stably
December 16 2020 13:37:36SunSirs(John)

Price trend

According to the monitoring of the bulk data of SunSirs, the chloroform market in Shandong is currently operating strongly. As of December 15, the average price of chloroform in Shandong was around 3,600 RMB/ton, an increase of 4.35% from the beginning of the month and an increase of 46.94% from the same period last month.

Analysis review

The chloroform market in Shandong is strong at a high level, and the price of raw material liquid chlorine has fallen, leading to weaker cost support. However, the overall operating level of the industry is low, the downstream market is just in demand, and the industry's inventory is not pressured. The situation remains strong. As of the 15th, the price of chloroform in Shandong area was about 3,500-3,600 RMB/ton, the price of Jiangxi Lee & Man's chloroform was about 3,600 RMB/ton, and the price of chloroform in Jiangsu was about 3,650 RMB/ton.

In terms of raw materials, the methanol market as a whole is relatively strong, and prices in the mainland and ports have risen differently. Among them, the mainland market is affected by the southwest gas restriction and the maintenance of some installations. The market transaction atmosphere is good, upstream sales are smooth, and some companies have suspended or limited sales. The long-term supply contract is currently about 2,130 RMB/ton; the liquid chlorine market continues to decline, and the downstream market is affected by the high cost and the load is reduced. The overall demand is soft, and there is obvious conflict with the high price of liquid chlorine. The current mainstream quotation in the industry is 1,500-1,600 RMB/ton about.

The downstream refrigerant market is trending strong. Some companies have suspended their quotations when they are out of stock. They need to wait for the new quotas to be released. The current market inquiries are declining, and there are not many new orders. Most industry players are on the sidelines. The industry started at a mediocre rate, and the support for chloroform was average.

Market outlook

Methane chloride data analysts believe that the current overall supply in the industry is limited. With the decline in the price of liquid chlorine, enterprises in Shandong may start to recover, while the downstream market is just flat. The price of chloroform is expected to be stable and firm within a short period of time. Pay attention to changes in the price of raw material liquid chlorine.

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

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