This week (October 13-1018), the trading of dichloromethane market was weak, and the market in Shandong region remained stable but weakened. According to the Commodity Market Analysis System of Shengyi Society, as of October 18th, the average price of dichloromethane bulk water in Shandong Province was 2850 yuan/ton, with a weekly decline of 1.04%.
The market transaction atmosphere is flat, demand follow-up is insufficient, factory inventory is gradually accumulating, and the market is stable with occasional declines. The demand side is mostly holding a wait-and-see and bearish attitude. As of October 18th, the ex factory price of mainstream dichloromethane in Shandong region is around 2790-2910 yuan/ton.
Supply side: Large factories continue to shut down for maintenance, while methane chloride production is decreasing.
In terms of raw materials, the supply-demand contradiction in the methanol market still exists, and the market is fluctuating and declining. According to the commodity market analysis system of Shengyi Society, as of October 18th, the spot price of methanol was 2456.67 yuan/ton, a decrease of 4.69% from the beginning of the month. The upward trend of the liquid chlorine market has been temporarily suspended, and the enthusiasm of downstream buyers to enter the market has decreased. In addition, the sales volume of some liquid chlorine has increased, and the intention of enterprises to ship has increased, resulting in flexible adjustment of quotations.
In terms of demand, refrigerant demand remains stable, foreign trade market prices continue to rise, and reluctance to sell continues to be strong. R32′s foreign trade retail market prices have significantly increased to be on par with the domestic market, and the quota control market continues to remain stable and upward.
Business analysts believe that the demand for essential procurement is strong, with a wait-and-see attitude and a backlog of inventory in the market. It is expected that the dichloromethane market will mainly focus on consolidation and operation.
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