SunSirs: The Supply Was Tight, and the Price of Dichloromethane Rose Sharply after the Festival
February 14 2022 14:21:10 SunSirs (John)
Price trend
According to the data monitoring of SunSirs, the market of dichloromethane rose sharply after the festival. As of February 11, the average price of dichloromethane in Shandong was 5,462 RMB/ton, an increase of 19.73% compared with the price of 4,562 RMB/ton before the festival.
Analysis review
According to the understanding of SunSirs, the domestic methane chloride construction has increased slightly after the holiday, but the Jinling Dongying plant is scheduled to be shut down for maintenance in the later period, and the supply side in Shandong is expected to be tight. Coupled with the active procurement of refrigerant enterprises after the festival, the production ratio of some enterprises was inclined to chloroform, which squeezed the production space of dichloromethane and further resulted in a tight pattern of dichloromethane.
After the holiday, the price of raw material methanol rises, and the cost side had support for dichloromethane market. According to the understanding of SunSirs, as of February 11, the price of methanol was 2,745 RMB/ton, an increase of 1.39% compared with the price of 2,707 RMB/ton before the festival.
Market outlook
The methane chloride data analyst of SunSirs believes that on the one hand, the cost side has support, and on the other hand, the supply is tight. It is expected that the dichloromethane market will continue to be strong in the near future, and may continue to rise in the later period.
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