Market Overview:
According to the bulk data monitoring of the business agency, the dichloromethane market in Shandong continues to decline. As of April 21, the average price of dichloromethane in Shandong is about 2090 yuan / ton, down 10.68% from April 13.
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Market analysis:
Products: at present, the dichloromethane production enterprises in Shandong Province have started smoothly as a whole, with a certain amount of market inventory accumulation and flat demand in the downstream market. In order to reduce the follow-up inventory pressure, the enterprises are bidding for more shipments, and the market price continues to decline. At present, Shandong Province offers 2060-2090 yuan / ton, Jiangxi Liwen 2700 yuan / ton and East China 2100-2300 yuan / ton.
Industry chain: in the upstream, the domestic methanol market runs at a high price, the enterprise’s inventory pressure is not high, the surrounding market is actively pushing up, and the market transaction atmosphere is fair, at present, about 1730 yuan / ton; the liquid chlorine market is adjusted by shocks, the downstream market demand is improved, and the enterprise’s shipment is stable, and the current quotation in Shandong is about 500-700 yuan / ton. In the downstream, the supply and demand of domestic refrigerant market are weak, and the delivery is cold; the recovery of solvent and pharmaceutical pesticide industry is slow, the demand is weak, and the price support for dichloromethane is insufficient.
Future forecast:
According to the data analyst of methane chloride of business association, at present, the spot supply of dichloromethane is sufficient, the demand of downstream market is poor, the inventory pressure of enterprises is gradually increasing, and more competitive shipments are made, which is expected to be weak in a short period of time.
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