The market of trichloromethane declined sharply

Since July, the market of chloroform has declined significantly. According to the data of the business society, as of July 17, the price of chloroform bulk water in Shandong was 1825 yuan/ton, down 9.88% from 2025 yuan/ton at the beginning of the month. The price of raw material methanol rose slightly but remained at a low level, and the cost support of chloroform was weak; Inquiries were made on demand in the downstream off-season, and transactions in the trichloromethane market were light, with prices falling sharply.

 

In the first half of the month, the start of the methane chloride plant slightly decreased, and the overall supply pressure slightly eased.

 

Since July, the price of raw material methanol has risen slightly, and the cost center of dichloromethane has moved up. According to the Commodity Market Analysis System of Business Society, as of July 17th, the spot price of methanol was 2245 yuan/ton, an increase of 3.02% from 2180 yuan/ton at the beginning of the month.

 

Short term replenishment orders ended, coupled with a small amount of low demand for domestic refrigerant starting, the price of some downstream refrigerant R22 enterprises for shutdown and maintenance was temporarily stable, and chloroform fell slightly. In addition, the total production quota of R22 in 2023 was reduced by 19% to 181800 tons. In the medium and long term, it is difficult to improve the demand support for chloroform.

 

According to the methane chloride data analysts of the business society, although the overall domestic demand support for chloroform is weak at present, the supply side is slightly eased. It is expected that the chloroform market will narrow and consolidate in the later period.

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