SunSirs: The Market Situation of Dichloromethane Significantly Increased

Price trend

This week (8.11-8.19), the market for dichloromethane increased significantly. According to the Commodity Market Analysis System of SunSirs, as of August 19, the average price of bulk dichloromethane in Shandong was 2,732 RMB/ton, an increase of 3.41% from last Friday's 2,642 RMB/ton. The prices of raw materials methanol and liquid chlorine continued to rise slightly, while the cost center of dichloromethane had slightly rebounded; Recently, a certain export order was received from a certain company in Shandong province. In the early stage, the port was around 1,000 tons, and the regional supply of goods was tight. In addition, due to the short shutdown of the Fuqiang device, the price of dichloromethane had increased. As of August 19, the factory price of the mainstream bulk dichloromethane in Shandong province was around 2,700-2,800 RMB/ton.

Analysis review

This week (8.11-8.19), the Fuqiang unit was shut down, and the domestic methane chloride operating rate fluctuated slightly.

This week (8.11-8.19), the price of raw material methanol slightly increased, the price of liquid chlorine significantly increased, and the cost center of dichloromethane increased. According to the Commodity Market Analysis System of SunSirs, as of August 19th, the spot price of methanol was 2,400 RMB/ton, an increase of 0.81% from last Friday's 2,380 RMB/ton. As of August 18th, the price of liquid chlorine in Shandong region was 400 RMB/ton, a significant increase from 100 RMB/ton at the beginning of the month, and the cost provided support for the market of dichloromethane.

The inventory of enterprises in Shandong region remained low, and the supply of goods in the region was tight, which formed support for the price of dichloromethane; Currently in the off-season of air conditioning, the market was weak under the pressure of R32 destocking, and the operation of the device remained low, with only weak support for dichloromethane. However, the downstream pharmaceutical industry had increased demand, and industries such as lithium battery separators were operating steadily, providing some support for dichloromethane.

Market outlook

According to methane chloride data analysts from SunSirs, the supply side of dichloromethane in the region was tight, and there was currently some support in the demand side. In addition, the cost side will continue to rise. Overall, it is expected that the dichloromethane market will remain high and firm in the short term.

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