SunSirs: Dichloromethane Market Fell Sharply in Early July
July 14 2022 16:49:52 SunSirs (John)Price trend
According to the data monitoring of SunSirs, the dichloromethane market fell sharply in the first ten days of July. As of July 10, the average price of dichloromethane bulk water in Shandong was 3,015 RMB/ton, down 8.36% from the price of 3,290 RMB/ton on the 1st.
Analysis review
Since July, the start of domestic methane chloride plant has increased slightly compared with the previous period, and the supply is still under great pressure. The downstream market is weak in high temperature and off-season, and more purchases are made on demand.
In the first half of July, the spot price of methanol fell slightly, and the cost side weakened. According to the understanding of SunSirs, as of July 10, the spot market price of methanol was 2,466 RMB/ton, down 2.12% from the price of 2,520 RMB/ton on the 1st.
Market outlook
The methane chloride data analyst of SunSirs believes that with the sharp decline in the price of dichloromethane, cost support will become the main supporting factor. At present, the willingness of enterprises to significantly reduce prices has weakened, and it is expected that dichloromethane will rebound slightly in the later period.
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