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SunSirs: The Demand Was Light, and the Dichloromethane Market Fell Sharply (January 14-21)
January 25 2022 13:59:32SunSirs(John)

Price trend

According to the data monitoring of SunSirs, the dichloromethane market fell sharply this week (1.14-1.21). As of January 21, the average price of dichloromethane in Shandong was 4,500 RMB/ton, compared with the price of 5,510 RMB/ton on Friday, an decrease of 18.33%.

Analysis review

According to the understanding of SunSirs, the domestic methane chloride construction increased slightly this week, and the pressure on the supply side increased. The operating rate of Guangxi Jinyi plant increased to 70%, the operating rate of Quhua plant increased to 90%, and the operating rate of the industry increased slightly.

The price of raw material methanol rose slightly this week, which had support for the dichloromethane market. According to the understanding of SunSirs, as of January 21, the price of methanol was 2,507 RMB/ton, an increase of 5.25% from last Friday's 2,382 RMB/ton.

Market outlook

The methane chloride data analyst of SunSirs believes that as the Spring Festival is approaching, the demand is light, and it is expected that the dichloromethane market will be weakly consolidated in the later period.

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

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