In May, methylene chloride market was weak and fell

According to the monitoring data of the business community, the dichloromethane market fell in May. As of May 31, the average price of dichloromethane bulk water in Shandong was 3787 yuan / ton, down 19.20% from 4687 yuan / ton at the beginning of the month.

 

PVA 0588 ( PVA BP05)

Since May, the start-up of domestic methane chloride plant has been raised to around 80-90%. Jinling unit in Shandong operates at 90% load, Dongyue unit operates at full load, Luxi unit operates at 80% load, and the start-up of Liwen, Meilan, Juhua and other enterprises in Jiangsu and Zhejiang is at the same high level. In addition, Dongying Huatai’s new 160000 T / a methane chloride unit in the last phase is planned to be put into operation in the near future, which further increases the domestic supply pressure.

 

POLYVINYL ALCOHOL

In May, the spot price of raw methanol decreased slightly, and the cost side weakened slightly. According to the business agency, as of May 31, the price of methanol was 2617 yuan / ton, down 4.64% from 2745 yuan / ton at the beginning of the month.

 

Aftermarket forecast: Analysts of methane chloride data of business club believe that the current supply and demand side is under pressure, and it is expected that methylene chloride may continue to weaken in the near future.

http://www.polyvinylalcohols.com

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