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SunSirs: Dichloromethane Market Fell Slightly (August 19-26)

August 29 2022 09:02:30     SunSirs (John)

Price trend

According to the data monitoring of SunSirs, the dichloromethane market fell slightly this week (8.19-8.26). As of August 26, the average price of dichloromethane bulk water in Shandong was 3,075 RMB/ton, it fell 3.23% from the 3,177 RMB/ton last Monday.

Analysis review

This week (8.19-8.26), the domestic methane chloride construction was operating at a high level as a whole, and there was still pressure on the supply side, which restricted the upward range of the dichloromethane market.

This week (8.19-8.26) the spot price of methanol rose sharply, and the cost support became stronger. According to the understanding of SunSirs, as of August 26, the spot price of methanol was 2,568 RMB/ton, an increase of 5.33% from 2,438 RMB/ton on last Friday.

The high temperature weather has gradually subsided, the traditional production off-season of terminal air-conditioning plants has arrived, and the demand for dichloromethane has weakened; the thin material, cleaning, and pharmaceutical industries have been operating at a low level and stable, and the support for dichloromethane is stable and weak.

Market outlook

The methane chloride data analyst of SunSirs believes that the domestic supply of methane chloride is still loose, but the cost side shows signs of rising. It is expected that dichloromethane may continue to rebound slightly in the later period, but the upward trend will not be too large due to the demand side.

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

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