SunSirs: The Dichloromethane Market Was Weak and Declined

Price trend

The market of dichloromethane was weak and declined in late November. According to the monitoring of SunSirs, as of November 30, the average price of dichloromethane in bulk water in Shandong was 2,272 RMB/ton, 7.72% lower than the price of 2,462 RMB/ton on November 21, and the lowest point in the cycle was 2,237 RMB/ton. As of the 30th, the market price of bulk water dichloromethane in Shandong was between 2,200 RMB and 2,400 RMB/ton.

Analysis review

The pressure on the supply side of dichloromethane remained in late November. It is understood that the 300,000t/a methane chloride plant in Dongyue started to operate at full load in late November; Jiujiang Jiuhong 100,000 t/a methane chloride plant was shut down for maintenance since November 20; The 300,000 t/a methane chloride plant in Guangxi Jinyi was reduced from 80% to 40% load in late November; Dongying Huatai 160,000t/a methane chloride plant was restarted this month, and the load was increased to 50% at the end of the month.

In late November, the spot market of methanol fluctuated in a narrow range, and the cost of dichloromethane did not change much. According to SunSirs, as of November 30, the spot price of methanol was 2,768 RMB/ton, down 0.89% from 2,793 RMB/ton on November 21, with a high point of 2,811 RMB/ton and a low point of 2,751 RMB/ton.

When winter comes, the domestic household air conditioning industry is in the low season of production and sales. The demand for mainstream refrigerants R32, R22 and R410A is weak, and the sales of refrigerants are low; The demand of film, thinner and pharmaceutical industries is weak, and the transaction of methylene chloride market is generally flat.

Market outlook

According to the methane chloride data analysts of SunSirs, the domestic supply of methane chloride is mainly loose, while the demand is weak. It is expected that the dichloromethane market will shake and consolidate in the short term.

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