SunSirs: The Market Situation of Chloroform Had Significantly Increased

Price trend

Recently (9.1-9.11), the market for chloroform had significantly increased. According to data from SunSirs, as of September 11th, the price of bulk chloroform in Shandong Province was 2,450 RMB/ton, an increase of 9.13% from 2,245 RMB/ton at the beginning of the month. The raw material methanol fluctuated narrowly, the price of liquid chlorine dropped slightly, and the cost support for chloroform weakened slightly; The overall inventory of chloroform enterprises was low, and the supply of goods in the region was tight, leading to a significant increase in factory prices; Downstream construction started at a low level, and supported by rigid demand.

Analysis review

Recently (9.1-9.11), the domestic production of methane chloride was basically normal, with an overall operating rate of around 76%.

Recently (9.1-9.11), the price of raw material methanol consolidated at high levels, the price of liquid chlorine decreased, and the cost support for chloroform had weakened. According to the Commodity Market Analysis System of SunSirs, as of September 11th, the spot price of methanol was 2,530 RMB/ton, a decrease of 0.85% from 2,551 RMB/ton at the beginning of the month. As of As of September 11th, the price of liquid chlorine in Shandong region was at 300 RMB/ton, which decreased from 500 RMB/ton at the end of August.

The overall low operating level of refrigerant R22 was stable, and the price had slightly increased, which had rigid support for the market of chloroform. However, in 2023, the total production quota of R22 was reduced by 19% to 181,800 tons, and overall support for chloroform demand will weaken in the medium to long term.

Market outlook

Methane chloride data analysts from SunSirs believe that supply and demand both had support, and the cost side was still relatively high. It is expected that the chloroform market will continue to operate at a high level in the short term.

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