SunSirs--China Commodity Data Group

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SunSirs: it is Expected that the Market of Chloroform will be Weak in the Short Term.

April 07 2023 10:30:31     

The latest price of chloroform (4-3): 2525 RMB / ton, the market outlook is bearish

Key points of analysis: The price of raw material methanol continues to fall, and the cost of chloroform continues to decline; the downstream refrigerant R22 has rigid demand for chloroform in the peak season, and the demand for refrigerant R22 for chloroform is declining year by year due to the year-by-year decline in quotas; The methane chloride installations of many domestic enterprises started to operate at full capacity, and the pressure on the supply of chloroform was relatively high. The ex-factory prices of chloroform manufacturers were adjusted downward, and the price of chloroform dropped sharply.

Market outlook forecast: In the later stage, although there is rigid demand support, the overall supply and demand of chloroform is weak, coupled with the downward cost side, it is expected that the market of chloroform will be weak in the short term.

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

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