Price trend

This week (5.12-5.19), the market for dichloromethane was weak and declined. According to the Commodity Market Analysis System of SunSirs, as of May 19th, the average price of bulk dichloromethane in Shandong was 2,370 RMB/ton, a decrease of 5.67% from last Monday's 2,512 RMB/ton. The price of raw material methanol fell once again, and the cost of dichloromethane had slightly decreased; the demand of downstream refrigerant was weak, and the support for dichloromethane was weak. The supply side of methane chloride remained loose, the supply side was weak, and the price of dichloromethane had fallen.

Analysis review

This week (5.12-5.19), there was no significant fluctuation in the operating rate of the methane chloride unit, and the overall supply pressure remained.

This week (5.12-5.19), the price of raw material methanol decreased, and the cost of dichloromethane slightly decreased. According to the Commodity Market Analysis System of SunSirs, as of May 19th, the spot price of methanol was 2,282 RMB/ton, a decrease of 1.93% from last Monday's 2,327 RMB/ton.

The demand of downstream refrigerant R32 was weak, the operating was low, and the demand for dichloromethane weakened. The operating rate of the pharmaceutical intermediate and diluent solvent industries fluctuated slightly, providing rigid support for dichloromethane. There was no significant increase in the overall demand for dichloromethane.

Market outlook

According to methane chloride data analysts from SunSirs, as of the 19th, downstream demand for dichloromethane had slightly weakened compared to the previous period. In addition, the supply of dichloromethane was loose, and the fundamental of the industrial chain was weak. It is expected that the market for dichloromethane will weaken and consolidate in the short term.

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