Weak consolidation of trichloromethane market trend

Recently (12.1-12.12), the trichloromethane market has been weakly consolidating. According to data from Business Society, as of December 12th, the price of trichloromethane bulk water in Shandong Province was 2000 yuan/ton, a decrease of 3.23% from 2066 yuan/ton at the beginning of the month. The prices of raw materials methanol and liquid chlorine have decreased, and the cost center of trichloromethane has shifted downwards; In addition, the overall downstream demand is weak with only a small amount of hard demand support, and transactions in the trichloromethane market are rare, resulting in lower merchant quotes.

 

Recently (12.1-12.12), domestic methane chloride production has fluctuated narrowly.

 

Recently (12.1-12.12), the prices of raw materials methanol and liquid chlorine have decreased, and the cost center of trichloromethane has decreased. According to the commodity market analysis system of Shengyishe, as of December 12th, the spot price of methanol was 2450 yuan/ton, a decrease of 2.20% from the beginning of the month’s 2505 yuan/ton. As of December 12th, the acceptance price of liquid chlorine tank trucks in Shandong region is around 200 yuan/ton, which continues to decline compared to the previous period.

 

In the off-season, there is only a small amount of demand for refrigerants at the terminal. Currently, the delivery price of refrigerant R22 is weak and stable, with low operating costs. The support for demand for trichloromethane is weak. In 2023, the total production quota for R22 will be reduced by 19% to 181800 tons, and overall support for the demand for trichloromethane will weaken in the medium to long term.

 

The methane chloride data analyst from Business Society believes that a small amount of rigid demand has weak support for trichloromethane, but cost support has weakened, and it is expected that the trichloromethane market will be weak and consolidate in the later stage.

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