Price trend

Recently (12.1-12.12), the dichloromethane market had experienced a decline followed by an increase, with an decline overall. According to the commodity market analysis system of SunSirs, as of December 12th, the average price of bulk dichloromethane in Shandong Province was 2,425 RMB/ton, a decrease of 3.19% from 2,505 RMB/ton at the beginning of the month, and the low point in the cycle was 2,370 RMB/ton. The prices of raw materials methanol and liquid chlorine had decreased, and the cost center of dichloromethane had shifted downwards; After downstream and terminal stocking operations last weekend, the inventory of enterprises was low, and some domestic enterprises had raised the factory price of dichloromethane. As of December 12th, the mainstream factory price of dichloromethane in Shandong region was around 2,400-2,500 RMB/ton.

Analysis review

Recently (12.1-12.12), the operating rate of methane chloride in China had fluctuated narrowly.

Recently (12.1-12.12), the prices of raw materials methanol and liquid chlorine had decreased, and the cost center of dichloromethane had decreased. According to the commodity market analysis system of SunSirs, as of December 12th, the spot price of methanol was 2,450 RMB/ton, a decrease of 2.20% from 2,505 RMB/ton at the beginning of the month. As of December 12th, the price of liquid chlorine in Shandong region was around 200 RMB/ton, which continued to decline compared to the previous period.

The overall supply of methane chloride in China was stable, with some inventory in the Shandong region on weekends. As of December 12th, enterprise inventories ere at a low level, and the factory price of dichloromethane had slightly increased. After a wave of stocking, the overall market demand had weakened again, and the price of dichloromethane fluctuated narrowly.

Market outlook

The methane chloride data analyst from SunSirs believes that the demand for dichloromethane was weak recently, and the supply was relatively loose, which had a bearish impact on the dichloromethane market. In addition, the lower raw material prices had weakened the cost support for dichloromethane, and it is expected that the dichloromethane market will be weak and consolidate in the later stage.

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