SunSirs: This Week, the Market Price of Dichloromethane Rose Slightly, and the Market Outlook May Fall (April 15-22)
April 24 2022 14:07:10 SunSirs (John)
Price trend
According to the data monitoring of SunSirs, the dichloromethane market fluctuated slightly this week (4.15-4.22). As of April 22, the average price of dichloromethane (bulk water) in Shandong was 4,675 RMB/ton, compared with the price of 4,625 RMB/ton on Friday, up 1.08%.
Analysis review
According to the understanding of SunSirs, methane chloride plants such as Dongyue, Jinling Dawang, and Fuqiang had been restarted one after another, and other domestic methane chloride plants had started at a high level, and the supply side was loose.
In April, the price of raw material methanol fell, but the price rose slightly this week, and the cost support has stabilized recently, slightly weaker than the beginning of the month. According to the understanding of SunSirs, as of April 22, the price of methanol was 2,835 RMB/ton, an increase of 0.80% from last Friday's 2,812 RMB/ton, and a decrease of 7.65% from the price of 3,070 RMB/ton at the beginning of the month.
Market outlook
The methane chloride data analyst of SunSirs believes that the current price of raw materials has stabilized in the short term after the fall, and the demand side has slightly improved, but the supply side has returned to a loose situation. It is expected that the recent rise in dichloromethane may be blocked and return to the decline.
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- 2024-03-12 SunSirs: The Market Situation of Dichloromethane Fluctuated and Rose
- 2024-02-08 SunSirs: The Market Situation of Dichloromethane Was Weakly Declining
- 2024-02-01 SunSirs: The Market of Dichloromethane Had Slightly Declined
- 2024-01-26 SunSirs: The Market Situation of Dichloromethane Fluctuated and Decreased
- 2023-12-13 SunSirs: The Market Situation of Dichloromethane First Fell and Then Rose, with an Overall Decline
