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SunSirs: Dichloromethane Market Fluctuated and Consolidated (June 17-24)
June 27 2022 11:11:18SunSirs(John)

Price trend

According to the data monitoring of SunSirs, the dichloromethane market fluctuated and consolidated this week (6.17-6.24). As of June 24, the average price of dichloromethane bulk water in Shandong was 3,440 RMB/ton, down 0.22% from 3,447 RMB/ton on the 17th. The weekly low was 3,395 RMB/ton, and the weekly high was 3,452 RMB/ton.

Analysis review

Although the methane chloride plant of some enterprises such as Jinling was operating at a reduced load, the domestic methane chloride plant was still operating at a high level, and the supply was still under great pressure. The downstream market demand was stable and weak.

This week (6.17-6.24) the spot price of methanol fell slightly, and the cost side weakened. According to the understanding of the business agency, as of June 24, the spot price of methanol was 2,655 RMB/ton, down 2.12% from 2,712 RMB/ton on the 17th.

Market outlook

The methane chloride data analyst of SunSirs believes that the Jinling plant is operating at a reduced load, but the domestic supply of methane chloride is still loose, and the cost side is lower, and it is expected that dichloromethane will continue to fluctuate weakly in the later period.

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

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