SunSirs: Dichloromethane Market Rose First and Then Fell

Price trend

Recently (7.15-7.25), the dichloromethane market rose first and then fell. According to the commodity market analysis system of SunSirs, as of July 25, the average price of bulk dichloromethane in Shandong was 2,540 RMB/ton, unchanged from the middle of the month, and the high point in the cycle was 2,592 RMB/ton. The price of raw methanol decreased slightly, and the cost focus of dichloromethane decreased slightly; Jiuhong Xinshang Methane Chloride Plant was planned to be put into operation in the near future, the expected pressure of the supply side increased slightly. The downstream stock was general. The inventory pressure in the area was not large. The dichloromethane first rose and then fell.

Analysis review

Recently (7.15-7.25), the operating rate of methane chloride plants had slightly decreased, but supply pressure is expected to increase in the later stage.

Recently (7.15-7.25), the price of methanol as raw material decreased slightly, and the cost center of dichloromethane decreased. According to the Commodity Market Analysis System of SunSirs, as of July 25th, the spot price of methanol was 2,255 RMB/ton, a decrease of 2.52% from the mid month price of 2,314 RMB/ton.

The downstream refrigerant, pharmaceutical intermediates, diluent solvent industry started to fluctuate slightly. The downstream replenished on demand, which had rigid support for dichloromethane. However, with the price of dichloromethane rising, the market transaction was slightly flat.

Market outlook

According to the methane chloride data analysts of SunSirs, as of the 26th, the downstream demand for dichloromethane had been basically stable, and it was mainly wait-and-see after the preliminary stock up; The low supply pressure in the region supported the price of dichloromethane to a certain extent; However, there was a certain pressure on the supply side of new units. It is expected that the dichloromethane market will consolidate in a narrow range in the short term. In the medium and long term, if there is no significant increase in demand, it will mainly consolidate in shock.

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