In March, the dichloromethane market rose and fell back, showing an overall downward trend. According to data monitoring by the Business News Agency, as of March 31, the price of dichloromethane bulk water in Shandong Province was 2572 yuan/ton, down 3.47% from 2665 yuan/ton at the beginning of the month, with a monthly high of 2845 yuan/ton. The price of raw material methanol has dropped significantly, while the cost of dichloromethane has declined significantly; At the beginning of the month, the pressure on the supply side of the dichloromethane market was relatively low, coupled with the rising price of downstream refrigerant R32 during the peak season, which timely replenished the inventory of dichloromethane, driving up the price of dichloromethane; In the second half of the month, with the early shutdown, the restart of the load reduction device, or the lifting of the load to normal operation, the pressure on the supply side of dichloromethane increased. In addition, the centralized replenishment of the downstream warehouse has come to an end, and in the later stage, there are many scattered transactions, resulting in a high price drop of dichloromethane.

In March, the start of dichloromethane production was relatively low at the beginning of the month and increased in the later period, resulting in a gradual increase in supply side pressure.

In March, the price of raw material methanol fell sharply, while the cost of dichloromethane fell sharply. According to the business news agency, as of March 31, the spot price of methanol was 2561 yuan/ton, down 6.37% from 2735 yuan/ton at the beginning of the month.

The market price of refrigerant R32 is strong during the traditional peak season. After the centralized replenishment of dichloromethane at the end of February and the beginning of March, the purchase of dichloromethane has decreased compared to the previous period, with small market transactions and weak support for dichloromethane.

Future Forecast: According to the methane chloride data analyst from the Business News Agency, the cost of dichloromethane is declining, coupled with greater pressure on the supply side, and it is expected that the dichloromethane market will consolidate in a weak manner in the future.