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SunSirs: Dichloromethane Market Rebounded Sharply This Week (November 29-December 3)

December 07 2021 13:26:02     SunSirs (John)

Price trend

According to the data monitoring of SunSirs, the dichloromethane market rebounded sharply this week (11.29-12.3). As of December 3, the average price of dichloromethane in Shandong was 4,737 RMB/ton, an increase of 11.08% from the 4,265 RMB/ton at the beginning of the week.

Analysis review

According to SunSirs, domestic methane chloride production started at 57% this week, a slight decrease from last week, and the supply side was slightly tight.

The price of raw methanol rebounded slightly this week, and the cost side stabilized in the short term. According to SunSirs, as of December 3, the price of methanol was 2,757 RMB/ton, an increase of 2.28% from 2,696 RMB/ton at the beginning of the week.

Market outlook

Methane chloride data analysts believe that the cost side is rising, coupled with the slightly tighter supply side, it is expected that dichloromethane will continue to rebound slightly in the short term.

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

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