This week (7.31-8.7), the market for dichloromethane has significantly increased. According to the Commodity Market Analysis System of Business Society, as of June 7th, the average price of dichloromethane bulk water in Shandong Province was 2600 yuan/ton, an increase of 8.33% from last Monday’s 2400 yuan/ton, basically erasing the previous week’s decline. The price of raw material methanol continues to rise slightly, while the cost center of dichloromethane has slightly rebounded; The expected pressure on the supply side has slightly increased, and downstream demand has some support. However, as the price of dichloromethane rises, some regions’ gas buying weakens, and prices will slightly decline in the future; The inventory in the Shandong region is low, and manufacturers’ quotations are high and firm, while the price of dichloromethane in the Shandong region is rising.

This week (7.31-8.7), some units have slightly increased after restarting, and the pressure on the dichloromethane supply side is expected to increase again in the later stage of the production of Jiuhong’s new unit.

This week (7.31-8.7), the price of raw material methanol slightly increased, and the cost center of dichloromethane increased. According to the Commodity Market Analysis System of Business Society, as of August 7th, the spot price of methanol was 2330 yuan/ton, an increase of 2.19% from last Monday’s 2280 yuan/ton.

The inventory of enterprises in Shandong region remains low, and the supply of goods in the region is tight. At the beginning of the week, the shipment of enterprises was smooth, and the market was bullish. Merchants and downstream stocking were active, forming support for the price of dichloromethane; Currently in the off-season of air conditioning, the price of R32 has slightly decreased under the pressure of unloading, and the operation of the device has remained low. It only maintains weak support for dichloromethane, but the downstream pharmaceutical industry has increased demand, and industries such as lithium battery separators have stable operation, which has some support for dichloromethane.

Future Market Forecast: According to the methane chloride data analyst of Business Society, the supply side pressure of dichloromethane is expected to increase, but there is currently some support on the demand side. In addition, the cost side will continue to rise. Overall, it is expected that the dichloromethane market will consolidate at a high level in the short term.