Price trend

This week's (12.9-12.16) chloroform market fluctuated slightly. According to the data of SunSirs, the chloroform market has been fluctuating and declining since December. As of December 16, the price of bulk chloroform in Shandong was 2,325 RMB/ton, up 0.54% from the price of 2,312 RMB/ton on last Friday, and the cycle low was 2,275 RMB/ton. There was no significant increase in demand for chloroform, the pressure on the supply side was slightly reduced, the factory price of enterprises fluctuated in a narrow range, and businesses adjusted slightly.

Analysis review

This week (12.9-12.16), the operating rate of the methane chloride industry declined, and the pressure on the supply side of chloroform eased slightly.

This week (12.9-12.16), the spot market of methanol fluctuated downward, and the cost of chloroform fell slightly. According to SunSirs, as of December 16, the spot price of methanol was 2,655 RMB/ton, down 0.90% from the price of 2,680 RMB/ton last Friday, and the peak in the cycle was 2,690 RMB/ton.

In the low consumption season, the downstream refrigerant market was weak, the price was temporarily stable, the enterprise shipment was insufficient, the operating rate was low, and the support for chloroform was weak.

Market outlook

Analysts from the methane chloride data of SunSirs believe that the pressure on the supply side is slightly reduced, the demand side is weak, and the cost side has recently fluctuated in a narrow range. It is expected that the chloroform market will fluctuate in a narrow range in the short term.

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