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Commodity News

SunSirs: The Market of Dichloromethane Fell First and Then Rose

February 15 2023 14:20:27     SunSirs (John)

Price trend

This week (2.6~2.13), the market price of dichloromethane fell first, then rose, and then fluctuated and consolidated. As of February 13, the average price of dichloromethane in bulk in Shandong was 2,445 RMB/ton, down 1.61% from the price of 2,485 RMB/ton on Monday, and the week's low point was 2,400 RMB/ton. Although the price of raw materials fell slightly this week, the cost support was still there; The mainstream ex-factory price of dichloromethane was slightly adjusted; Downstream inquiries were mainly for small orders, and they were resistant to high-priced goods. The performance of dichloromethane was slightly weak after rising to high price.

Analysis review

This week (2.6~2.13), the start of methane chloride unit fluctuated slightly.

This week (2.6~2.13), the price of raw material methanol decreased slightly, and the cost of dichloromethane decreased slightly, but still was supported. According to SunSirs, the spot price of methanol was 2,692 RMB/ton as of February 13, down 0.92% from the price of 2,717 RMB/ton on February 6.

Downstream inquiries were mainly for small orders, and some of the downstream customers with spare parts stored before the holiday mostly carried out secondary purchase, but they were against high-priced goods, and the market offer was slightly adjusted.

Market outlook

According to the methane chloride data analyst of SunSirs, the cost of dichloromethane was still supported, and the downstream purchases were mostly based on demand, but they preferred low-price sources, and the supply side had little change. It is expected that the price of dichloromethane will rise again after the market consolidation.

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

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