This week (4.7~4.14), the market for dichloromethane stabilized in a narrow range. As of April 14th, the average price of dichloromethane bulk water in Shandong was 2637 yuan/ton, a decrease of 0.09% from last Friday’s 2640 yuan/ton. The high point of the cycle was 2652 yuan/ton, and the low point was 2607 yuan/ton. The low price of raw material methanol rebounded slightly, while the cost support for dichloromethane remained weak; Downstream refrigerant R32 just needs support for the procurement of dichloromethane during the peak season, and the pharmaceutical and solvent industries are operating steadily, with demand support for dichloromethane. However, the supply of methane chloride is loose, and the recent market volatility and consolidation of dichloromethane are the main factors.
This week (4.7~4.14), the low price of raw material methanol rebounded slightly, while the downward trend in the cost of trichloromethane remained weak. According to Business News, as of April 14th, the spot price of methanol was 2471 yuan/ton, an increase of 1.02% from last Friday’s 2446 yuan/ton.
With the arrival of the traditional peak season, the market price of refrigerant R 32 is firm and the commencement is stable, which has certain support for dichloromethane. The pharmaceutical intermediates and diluents solvent industry has been operating steadily, with just the necessary support for dichloromethane
Future Market Forecast: Analysts from Business Society’s Methane Chloride Data believe that the downstream of dichloromethane just needs support, but the methane chloride industry is still at a high level with loose supply and weak cost support. Due to the fundamental game of the industrial chain, it is expected that the dichloromethane market will narrow and consolidate in the short term.
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