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SunSirs: Tetrachloroethylene Market Was Operating Stably (March 11-15)
March 21 2024 11:07:03SunSirs(John)

Price trend

According to the Commodity Market Analysis System of SunSirs, the domestic tetrachloroethylene market haD been operating steadily this week (3.11-3.15). The average market price at the beginning of the week was 5,012 RMB/ton, and the average weekend price was 5,050 RMB/ton, with a weekly increase of 0.75%.

Analysis review

The price of tetrachloroethylene remained stable among major manufacturers this week, with mainstream prices ranging from 5,000 to 5,200 RMB/ton. Dealers closely followed the market's upward trend, with tight supply and stable market operation. Due to the variety structure of downstream refrigerant R125, the production enterprise had a low quota and was mostly used for mixing. The enterprise had a strong reluctance to sell and a strong willingness to raise prices.

Market outlook

SunSirs' tetrachloroethylene analyst believes that demand continues to provide support, and it is expected that the tetrachloroethylene market will have the possibility of stabilizing and exploring an increase in the future.

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

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