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SunSirs: Dichloromethane Prices Rose Slightly on April 12

April 13 2021 12:21:07     SunSirs (John)

Trade name: dichloromethane

Latest price (April 12): 3,823 RMB/ton

Analysis review

According to the monitoring of SunSirs, the domestic dichloromethane price was 3,823 RMB/ton on the 12th, an increase of 1.06% from the previous day. Domestic dichloromethane supply pressure is not great. According to SunSirs, the load of the Jinling Dongying methane chloride plant is currently being overhauled, Jinmao Chemical is shutting down, Luxi Chemical is operating at high load, and Dongyue Chemical is operating at 60% of the load.

With the arrival of peak season, the supply of downstream refrigerants has increased, and the demand has supported the price of dichloromethane. In addition, the price of liquid chlorine as raw material has been rising recently, and the cost side has more support. According to the monitoring of SunSirs, as of April 12, the mainstream ex-factory price of liquid chlorine for tank trucks in Shandong was around 2,300 RMB/ton.

Market outlook

At present, there is little pressure on the supply side, supported by the cost and demand side. It is expected that the price of dichloromethane will rise slightly in the future.    

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

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