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SunSirs: The Dichloromethane Market Declined Weakly

November 22 2022 09:22:54     SunSirs (John)

Price trend

This week (11.11-11.18), dichloromethane market was weak and fell. According to the monitoring of SunSirs, as of November 18, the average price of dichloromethane for bulk water packaging in Shandong was 2,575 RMB/ton, down 5.5% from the price of 2,725 RMB/ton on last Friday. As of the 18th, the market price of bulk water dichloromethane in Shandong was between 2,500 RMB/ton and 2,600 RMB/ton.

Analysis review

This week (11.11-11.18), the operating rate of methane chloride increased slightly, and the pressure on the supply side of dichloromethane remained.

This week (11.11-11.18), the spot market of methanol rose slightly, and the cost of dichloromethane rose slightly. According to SunSirs, as of November 18, the spot price of methanol was 2,830 RMB/ton, up 1.89% from the price of 2,777 RMB/ton on last Friday.

With the arrival of winter, the domestic household air conditioning industry is in the low season of production and marketing. The demand for mainstream refrigerants R32, R22, R410A is weak, and the refrigerant starts at a low level; paint thinner and pharmaceutical industries started relatively stably, and the transactions in the dichloromethane market were generally flat.

Market outlook

According to the methane chloride data analysts of SunSirs, the domestic supply of methane chloride is mainly loose, the cost is slightly weak, and the rising raw material price and cost are supported slightly. It is expected that the dichloromethane market will be volatile and consolidated in the short term.

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

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