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SunSirs: The Chloroform Market Rose Sharply in March

April 01 2022 14:38:10     SunSirs (John)

Price trend

The price of chloroform rose sharply in March. According to the data monitoring of SunSirs, as of March 30, the price of chloroform in Shandong was 5,887 yuan/ton, an increase of 15.16% from 5,112 yuan/ton at the beginning of the month.

Analysis review

According to the knowledge of SunSirs, in March, the Jinling Dawang installation was shut down; the load of the Juhua installation was 50-60%; the Dongyue installation started around 70%... The supply of dichloromethane decreased slightly in March.

Methanol prices rose in March, and the support from cost was strengthened for chloroform. According to the understanding of SunSirs, as of March 30, the price of methanol was 3,090 yuan / ton, an increase of 13.19% from 2,730 yuan / ton at the beginning of the month.

In mid-to-late March, the logistics and transportation in many regions in China were blocked, the downstream refrigerant operation decreased as a whole and some installations were shut down, and the support from demand weakened for chloroform market.

Market outlook

The methane chloride data analyst of SunSirs believes that the current liquidity of the chloroform industry chain is reduced, but the cost is higher, and the chloroform market is expected to remain high in the short term.

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

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