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SunSirs: Dichloromethane Market Fluctuated and Rose slightly

September 13 2023 10:36:20     SunSirs (John)

Price trend

This week (9.1-9.11), the market for dichloromethane fluctuated and rose slightly. According to the Commodity Market Analysis System of SunSirs, as of September 11th, the average price of bulk dichloromethane in Shandong Province was 2,715 RMB/ton, an increase of 1.78% from 2,667 RMB/ton in early September. The price raw material methanol was consolidating at a high level, the price of liquid chlorine continued to decrease slightly, and the cost support for dichloromethane was slightly weakened; the domestic production of methane chloride was around 76%, and the inventory of enterprises was at a medium to low level. Dichloromethane fluctuated and consolidated. As of September 11th, the factory price of mainstream bulk dichloromethane in Shandong region was around 2,690-2,740 RMB/ton.

Analysis review

This week (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 center of dichloromethane has slightly decreased. 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 domestic production of methane chloride was around 76%, and the inventory of enterprises remained at a medium to low level, which provided some support for the price of dichloromethane; A s of September 11th, the demand for refrigerant in the off-season of air conditioning was insufficient, and the market for refrigerant R32 was basically stable. The start-up of the device remained low, and the demand side support was general.

Market outlook

According to methane chloride data analysts from SunSirs, the demand side support for dichloromethane was average, while the cost side support slightly weakened. However, the supply side pressure in the dichloromethane region was not significant. Overall, it is expected that the dichloromethane market will consolidate at a high level in the short term.

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

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