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SunSirs: The Market of Trichloromethane Rose Sharply after the Unit Shutdown and Demand Recovery

March 01 2023 09:28:11     

The market of chloroform rose sharply in February. According to the data monitoring of Sunsirs, as of February 28, the price of trichloromethane bulk water in Shandong was 3000 RMB/ton, up 26.32% from 2375 RMB/ton at the beginning of the month. On the one hand, the manufacturers have successively shut down for maintenance or reduced the negative pressure, and the pressure of trichloromethane supply surface has been greatly reduced; On the other hand, the downstream construction started to pick up, and the manufacturers continued to replenish, and the demand for trichloromethane was supported; Good supply and demand pushed up the price of chloroform significantly.

Dongying Huatai and Guangxi Jinyi, with a total of 460000 tons/year of methane chloride units, shut down in mid-February; Jiangsu Fuqiang 300000 t/a methane chloride unit was put into negative operation at the end of February; The Dawang plant area of the 440000 t/a methane chloride plant in Jinling was reduced to 50% load in late February, and planned to shut down in early March. In February, the domestic supply of methane chloride decreased significantly.

In February, the price of raw material methanol fell slightly, while the cost of chloroform fell slightly. According to the business news agency, the spot price of methanol was 2743 RMB/ton as of February 28, down 1.32% from 2780 RMB/ton at the beginning of the month.

After the holiday, the downstream demand gradually warmed up, and the refrigerant price rose in February. At present, it is still in the recovery period of domestic and foreign sales demand. The refrigerant manufacturers replenish the raw materials for the peak season in March, and support more trichloromethane.

Aftermarket forecast: the methane chloride data analyst of Sunsirs believes that the cost of trichloromethane fluctuates slightly, the supply of manufacturers' parking is tight, and the downstream refrigerant is about to enter the traditional peak season, so the market of trichloromethane is expected to be strong in the short term.

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

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