Market Overview
According to the monitoring data of business associations, the market of dichloromethane in Shandong has fallen sharply after the Mid-Autumn Festival. Before the Mid-Autumn Festival, the average price of dichloromethane in Shandong was about 2830 yuan/ton, and as of September 17, it was about 2500 yuan/ton. In the short term, the average price of dichloromethane in Shandong fell by 11.66%.
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quotations analysis
Products: After the Mid-Autumn Festival, affected by the sluggish demand downstream, the price of dichloromethane in Shandong has fallen sharply. The overall start of the enterprise is normal, the spot supply is sufficient, the inventory pressure is not large, downstream traders often pick up goods on demand, and the market negotiation atmosphere is flat. At present, the price of dichloromethane in Shandong is about 2400-2500 yuan/ton; in East China it is about 3050-3200 yuan/ton; in Jiangxi Liwen it is about 2950 yuan/ton. In terms of plant start-up, Jinling in Shandong Province started normal construction, about 60% of chemical industry in Western Shandong Province, Jiangsu Science and Culture Plant started normal construction, and 90% of Jiangxi Science and Culture Plant started construction.
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Industry chain: Upstream, the natural gas market continued to decline after a short recovery. The average price before the Mid-Autumn Festival was 2,980 yuan/ton, and the average price was 2,900 yuan/ton as of September 17, with an overall decline of 2.68%. The liquid chlorine market was still acceptable. Influenced by poor downstream demand, mainstream enterprises began to ship at a low price. At present, more than 200-400 yuan/ton was reported by enterprises. Downstream, domestic refrigerant market entered the off-season demand sluggish, pharmaceutical and agricultural markets and solvent industries affected by the National Day, began to work smoothly, purchasing just needed.
Forecast for future market
Business Club methane chloride data analysts believe that the overall supply of dichloromethane market has returned to normal and the spot is abundant. As the refrigerant industry is in the off-season and near the National Day, the downstream market started to decline, the market began to show a situation of oversupply. It is expected that in the short term, the dichloromethane market will be vulnerable to shocks.
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