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SunSirs: Chloroform Market Rose Slightly

January 17 2023 09:17:44     SunSirs (John)

Price trend

This week (1.6-1.13) chloroform market rose slightly. According to the data of SunSirs, the price of bulk chloroform in Shandong was 2,325 RMB/ton as of January 13, a slight increase of 2.20% from the price of 2,275 RMB/ton on last Friday, and the weekly low was 2,250 RMB/ton. There was no significant increase in demand for chloroform. The enterprise's inventory was not large, the willingness to support price was higher, the factory price of chloroform was increased, and the rise of dichloromethane boosted the bullish atmosphere of the chloroform market. The mainstream offer of the chloroform market was slightly higher.

Analysis review

This week (1.6-1.13), the methane chloride industry changed little: the commencement of Dongyue methane chloride plant decreased to 70%; The load of Meilan methane chloride unit was increased from 50% to 70%.

This week (1.6-1.13), the spot market of methanol weakened slightly, and the cost of chloroform changed little. According to SunSirs, the spot price of methanol was 2,661 RMB/ton as of January 13, down 0.68% from the price of 2,680 RMB/ton on Friday; The low point in the cycle was 2,635 RMB/ton.

In the off-season of consumption, the downstream refrigerant market was weak, the price was temporarily stable at a level, the export of enterprises was sluggish, the unit started at a low level, and the support for chloroform was weak.

Market outlook

According to the methane chloride data analyst of SunSirs, although the demand for chloroform is still weak before the holiday, the inventory of enterprises is not large, and the rise of dichloromethane boosts, it is expected that the market of chloroform will be stable and rise in the short term.

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

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