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SunSirs: Supported by the Demand Side, the Price of Tetrachloroethylene Had Increased (March 4-8)
March 12 2024 11:01:21SunSirs(John)

Price trend

According to the commodity market analysis system of SunSirs, the domestic tetrachloroethylene market saw a strong rise this week (3.4-3.8). The average market price at the beginning of the week was 4800 RMB/ton, and the average weekend price was 5,012 RMB/ton, with a weekly increase of 4.43%.

Analysis review

This week, the market for tetrachloroethylene had seen a significant increase, with tight supply. After the holiday, the shipment of refrigerants in the market had rebounded significantly, and the price of refrigerant R125 had increased. The market supply was tight, and there was strong support for demand in the face of tetrachloroethylene.

Market outlook

SunSirs' tetrachloroethylene analyst believes that the demand for tetrachloroethylene will continue to support in the short term, and it is expected that the tetrachloroethylene market will continue to maintain a high and strong trend in the later period.

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

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