Market Overview:
According to the bulk data monitoring of the business agency, the dichloromethane market in Shandong continued to decline in April. The average price of dichloromethane in Shandong at the beginning of April was about 2340 yuan / ton. As of April 28, the average price of dichloromethane was about 2000 yuan / ton, an overall decline of 12.28%.
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Market analysis:
Products: in April, due to the stable start-up of dichloromethane production enterprises in Shandong Province, sufficient spot supply in the market, but poor demand in the downstream market, on-site supply exceeding demand, competitive shipping of enterprises, more inventory accumulation of enterprises, enterprises to reduce the follow-up inventory pressure and yield profits for shipping, the market price continued to fall. At present, the quotation in Shandong is about 2000-2050 yuan / ton, Jiangxi Liwen is about 2300 yuan / ton, and East China is about 2000-2200 yuan / ton.
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Industry chain: in the upstream, the domestic methanol market has declined, and the price of each region has been adjusted according to the supply and demand relationship. The downstream just needs to prepare goods, and the traders operate cautiously. At present, the price of 1620 yuan / ton is about; in the month, the liquid chlorine market is high and volatile, the market supply is well supported, and the enterprise’s shipment is acceptable, and the current quotation in Shandong is about 700-900 yuan / ton. In the downstream, the domestic refrigerant market is not good, the domestic and foreign demand is not as expected, the market trading is cold, and the current price is around 17000 yuan / ton; the recovery of solvent and pharmaceutical pesticide industry is slow, the demand is light, and the price support for chloroform is insufficient.
Future forecast:
According to the data analyst of methane chloride of business association, at present, the market of dichloromethane is in a situation of oversupply, and the downstream market has not shown any obvious signs of improvement. The majority of carriers are shipping goods, and the industry is in a bad mood, which is expected to be weak in a short period of time.
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