SunSirs: The Dichloromethane Market Recovered and the Price Rose

Price trend

In the first half of July, the price of dichloromethane rose. According to the commodity market analysis system of SunSirs, as of July 15, the average price of bulk dichloromethane in Shandong was 2,540 RMB/ton, up 8.55% from 2,340 RMB/ton at the beginning of the month. The price of raw methanol rose slightly, and the center of gravity of dichloromethane cost moved up slightly; The supply side of methane chloride declined slightly, and the downstream actively stocked up. The inventory pressure in the region was not large, driving the price of dichloromethane higher.

Analysis review

In the first half of the month, the operating rate of methane chloride plants slightly decreased, and the overall supply pressure slightly eased.

In the first half of the month, the price of raw methanol rose slightly, and the cost center of dichloromethane moved up. According to the Commodity Market Analysis System of SunSirs, as of July 15th, the spot price of methanol was 2,314 RMB/ton, an increase of 6.15% from 2,180 RMB/ton at the beginning of the month.

The operating rate of downstream refrigerant, pharmaceutical intermediate and diluent solvent industries fluctuated slightly. At the beginning of the month, the downstream gradually replenished, which had rigid support for dichloromethane. However, as the price of dichloromethane rose, the market transactions turned thin again.

Market outlook

According to the methane chloride data analysts of SunSirs, the downstream demand for dichloromethane was a little wait-and-see, but the supply pressure in the region was not big enough to form a certain support for the price of dichloromethane. In addition, the price of raw materials was rising, and it is expected that the market of dichloromethane will be strong in the short term, and will still be volatile and consolidation in the medium and long term if there is no significant increase in demand.

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