Recently (8.14-8.21), the dichloromethane market did not continue its upward trend but instead declined. According to the Commodity Market Analysis System of Shengyi Society, as of August 21, the average price of dichloromethane bulk water in Shandong Province was 2660 yuan/ton, a weekly decrease of 5%.
The cost of raw materials has slightly increased, with methanol slightly weakening and liquid chlorine prices recovering this week; The operating rate of methane chloride plants has slightly decreased, and the price of dichloromethane rose to a high level last week. The demand side has a strong wait-and-see attitude, and the market transaction atmosphere is weak. The extent of enterprise inventory reduction is not significant, and factory quotations have slightly declined. As of August 21st, the ex factory price of mainstream dichloromethane in Shandong region is around 2620-2700 yuan/ton.
On the supply side, the domestic production of methane chloride has slightly decreased, and some units are operating at low loads and undergoing maintenance.
In terms of raw materials: Recently, the raw material methanol has continued to fluctuate weakly. According to the commodity market analysis system of Shengyi Society, as of August 21, the spot price of methanol was 2430 yuan/ton, a decrease of 3.19% from the beginning of the month. The demand for liquid chlorine in the market has increased, and prices have recently been raised.
In terms of demand, solvents are the main use of dichloromethane. Currently, there is a strong wait-and-see sentiment in the market, and the market transaction atmosphere is weak. Downstream refrigerants are produced according to quotas and are urgently needed for procurement. In July, China’s dichloromethane export volume was 6145.31 tons, a decrease of 51.8% compared to June. Foreign trade demand weakened and domestic inventory accumulated.
Business analysts believe that weak demand and high inventory levels among enterprises have led to a slight decline in short-term prices.
| http://www.polyvinylalcohols.com |