Recently (5.13-5.21), the market for dichloromethane rose first and then fell, with an overall slight upward trend. According to the Commodity Market Analysis System of Business Society, as of May 21st, the average price of dichloromethane bulk water in Shandong Province was 2460 yuan/ton, an increase of 1.03% from 2435 yuan/ton on the 13th, and a decrease of 1.99% from the high point of 2510 yuan/ton in the cycle. The raw material methanol and prices have significantly increased, while the price of liquid chlorine has slightly decreased, and the cost of dichloromethane continues to support; In the early stage, foreign trade orders from enterprises in Shandong region supported low inventory levels in the region. In the later stage, as downstream inventory increased and terminal and merchant replenishment actions weakened, the demand for dichloromethane weakened. As of May 21st, the outbound price of mainstream dichloromethane loose water in Shandong region is around 2420-2500 yuan/ton.

Recently (from May 13th to May 21st), some equipment loads have increased, and the overall production of methane chloride in China has slightly increased to around 7.3%.

Recently, the price of raw material methanol has significantly increased, while the price of liquid chlorine has slightly decreased, continuing to support the cost of dichloromethane. According to the commodity market analysis system of Shengyishe, as of May 21st, the spot price of methanol was 2950 yuan/ton, an increase of 9.26% from 2700 yuan/ton on May 13th. As of May 21st, the acceptance price of liquid chlorine tank trucks in Shandong region is around 300 yuan/ton, which is lower than the 500 yuan/ton in early May.

Downstream R 32 production has remained stable, with a small amount of accumulated inquiries for terminal raw material inventory. Currently, there is weak support for the demand for dichloromethane.

Market forecast: According to analysts from Business Society’s methane chloride data, the current terminal just needs weak support; The price of raw material methanol continues to support the cost of dichloromethane, and overall, it is expected that the dichloromethane market will mainly consolidate in the later stage.