This week (11.20-11.29), the market for dichloromethane fluctuated and rose. According to the commodity market analysis system of Business Society, as of November 29th, the average price of dichloromethane bulk water in Shandong Province was 2527 yuan/ton, an increase of 3.48% from 2442 yuan/ton on the 20th. The low point during the cycle was 2410 yuan/ton, and the high point was 2550 yuan/ton. The prices of raw materials methanol and liquid chlorine have fluctuated and fallen, and the cost center of dichloromethane has shifted downwards; Downstream and terminal customers should be cautious when purchasing goods. Enterprises in Shandong region generally have low inventory pressure when shipping, while enterprises in East China and other regions have low inventory pressure when shipping dichloromethane. Some domestic enterprises have lowered the factory price of dichloromethane, and as of November 21, the mainstream bulk water factory price of dichloromethane in Shandong region is around 2350-2500 yuan/ton.

This week (11.20-11.29), the domestic supply of methane chloride is mainly loose.

This week (11.20-11.29), the prices of raw materials methanol and liquid chlorine slightly decreased, and the cost center of dichloromethane decreased. According to the Commodity Market Analysis System of Shengyishe, as of November 29th, the spot price of methanol was 2417 yuan/ton, a decrease of 1.33% from 2450 yuan/ton on the 20th. As of November 29th, the acceptance price of liquid chlorine tank trucks in Shandong region is around 400 yuan/ton, which is lower than the previous period.

The overall supply of methane chloride in China is loose, and after a significant reduction in the factory price of dichloromethane, terminal inquiries in Shandong region have increased. However, currently, the shipping speed of enterprises has significantly weakened, and the overall transaction atmosphere in the market has once again weakened. Some enterprises have lowered their factory prices.

Market forecast: According to analysts from Business Society’s methane chloride data, the overall demand for dichloromethane is weak, and the supply side is relatively loose, which has a bearish impact on the dichloromethane market. However, the narrow fluctuations in raw material prices still provide cost support for dichloromethane, and it is expected that the dichloromethane market will fluctuate and consolidate in the future.