China’s domestic dichloromethane market continued to rise this week (9.2-9.6)

Market Review

 

According to the monitoring data of business associations, the market of dichloromethane in Shandong Province rose sharply this week. The average price of dichloromethane in Shandong Province was about 2680 yuan/ton at the beginning of the week and 2830 yuan/ton at the end of the week, with a sharp increase of 5.6% in the week.

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quotations analysis

Products: This week, the price of dichloromethane in Shandong Province has risen sharply. Enterprises are gradually restoring to normal. Inventory pressure is not high. Lower-stream traders often pick up goods on demand, and the atmosphere of market negotiation is still acceptable. At present, the price of dichloromethane in Shandong is about 2700-2830 yuan/ton; that in East China is about 2850-3050 yuan/ton; and that in Liwen, Jiangxi is about 3100 yuan/ton. In terms of plant start-up, Jinling in Shandong Province started normal construction, about 60% of chemical industry in Western Shandong Province, Jiangsu Science and Culture Plant started normal construction, and 90% of Jiangxi Science and Culture Plant started construction.

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Industry chain: In the upstream, the natural gas market gradually warmed up this week, with a slight increase in price. The average price at the beginning of the week was 2990 yuan/ton, and the average price at the end of the week was 3056 yuan/ton, with an overall decline of 3.53%. The supply of liquid chlorine market was tight, the stock level in the industry was low, and the ex-factory price of mainstream enterprises was raised. At present, enterprises reported 500-600 yuan/ton more. On the downstream side, the domestic refrigerant market is in the off-season, the demand of terminal air-conditioning industry is flat, and the demand of pharmaceutical, agricultural and solvent industries is stable.

Future Market Forecast

Business Club methane chloride data analysts believe that at present, the overall dichloromethane market is gradually restoring, spot supply is normalizing, downstream demand is flat, trading is weak, and the operators are more wait-and-see attitude. It is expected that the market of dichloromethane will be shaken and adjusted in the near future.

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