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SunSirs: Dichloromethane Market Rose Slightly (February 10-17)

February 21 2023 13:58:32     SunSirs (John)

Price trend

The market of dichloromethane rose slightly this week (2.10~2.17). As of February 17, the average bulk price of dichloromethane in Shandong was 2,482 RMB/ton, up 1.95% from the price of 2,435 RMB/ton last Friday.

Analysis review

The price of raw material methanol rose slightly this week, while the price of liquid chlorine continued to rise and the cost support strengthened; The factory price of dichloromethane enterprises was adjusted upward; The price of downstream refrigerant R32 rose sharply, and which had rigid support for dichloromethane. In addition, Dongying Huatai and Guangxi Jinyi had a total of 460,000 tons/year of methane chloride units shut down for maintenance. The supply side was expected to be tight, and the price of dichloromethane rose.

This week (2.10~2.17), the operating rate of methane chloride unit decreased slightly.

This week (2.10~2.17), the price of raw methanol rose slightly, and the cost of dichloromethane was supported. According to SunSirs, the spot price of methanol was 2,721 RMB/ton as of February 17, up 1.33% from the price of 2,685 RMB/ton on February 10.

Downstream third-generation refrigerant R32 rose sharply after the festival. Downstream inquiries were mainly small orders, and the stock was replenished as needed. The market supply was tight, and the transaction was positive.

Market outlook

According to the methane chloride data analyst of SunSirs, the cost of dichloromethane continued to be supported, and the downstream had rigid support. In addition to the shutdown and maintenance of some enterprise devices, it is expected that the market of dichloromethane will continue to rise slightly in the future.

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

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