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SunSirs: Dichloromethane Market Fell Slightly This Week (September 6-10)
September 13 2021 11:58:01SunSirs(John)

Price trend

According to the data monitoring of SunSirs, the dichloromethane market declined slightly this week (9.6-9.10). As of September 10, the average price of dichloromethane in Shandong was 4,055 RMB/ton, which was an overall decrease of 1.52% from 4,117 RMB/ton at the beginning of the week.

Analysis review  

This week, the domestic methane chloride plant load declined.

The downstream start of dichloromethane was basically stable, but the market was not expected to receive high orders in the later period. The purchase of dichloromethane was mainly from customers who were on demand. The traders in the dichloromethane market purchased goods just on demand and operated cautiously.

The price of raw material liquid chlorine fluctuated slightly, the price of methanol rose sharply, and the cost support increased. According to SunSirs, as of September 10, the price of methanol was 2,822 RMB/ton, an increase of 7.93% from the 2,615 RMB/ton at the beginning of the week; the mainstream ex-factory price of liquid chlorine for tank trucks in Shandong area was reported to be around 1,100 RMB/ton.

Market outlook

Methane chloride data analysts of SunSirs believe that the market expects that the demand growth is not obvious, and the impact on dichloromethane is negative. However, the start of the dichloromethane industry has decreased at the same time, coupled with the rising cost, it is expected that the dichloromethane industry will stop falling to stabilize in the short term..

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

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