Price trend

This week's (12.30-1.6) chloroform market fluctuated and consolidated. According to the data of SunSirs, the price of bulk chloroform in Shandong Province was 2,275 RMB/ton as of January 6, up 1.68% from 2,237 RMB/ton on last Friday, showing a volatile trend in the week. There was no significant increase in demand for chloroform, the industry's operating rate rose slightly, the factory price of enterprises adjusted narrowly, and the market's mainstream offer fluctuated slightly.

Analysis review

This week (12.30-1.6), the operating rate of the methane chloride industry increased: the 16,0000 t/a methane chloride plant in Liwen, Jiangxi Province, was upgraded to full load operation; The 400,000 t/a methane chloride unit of Ningbo Juhua was upgraded to 70% of the load.

This week (12.30-1.6), the spot market of methanol rose first and then fell slightly, with little change in the cost of chloroform. According to SunSirs, as of January 6, the spot price of methanol was 2,668 RMB/ton, up 0.31% from 2,660 RMB/ton on last Friday; The high point in the cycle was 2,708 RMB/ton.

In the off-season of consumption, the downstream refrigerant market was weak and the low price was temporarily stable, the export of enterprises was sluggish, the plant started at a low level, 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 increased slightly, while the demand side was weak, but the cost side was supported recently It is expected that the chloroform market will consolidate in a narrow range in the short term..

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