This week (4.17-4.24), the market for trichloromethane remained stable with minor fluctuations. According to data from Business Society, as of April 24th, the price of trichloromethane bulk water in Shandong Province was 2550 yuan/ton, which was unchanged from last Monday and reached a peak of 2575 yuan/ton during the cycle. The price of raw material methanol rebounded from a low level, and the cost of trichloromethane showed slight short-term support; The price of downstream refrigerant R22 has recently slightly declined, and there is a strong demand for support for chloroform, but there is no new support; The production of methane chloride has slightly decreased, and the supply of trichloromethane is still loose; The market for trichloromethane has been generally stable in the near future, and merchants have made moderate to slight adjustments in their quotations.

This week (4.17-4.24), the start of the methane chloride plant slightly decreased, but overall it remains loose. The Jinling Dongying device has been reduced to 50% load operation; The Jinyi device has decreased from 70% to 50% load operation.

This week (4.17-4.24), the price of raw material methanol rebounded slightly from the low point, while the cost of trichloromethane showed some short-term support. According to Business News, as of April 24th, the spot price of methanol was 2555 yuan/ton, an increase of 1.02% from last Monday’s 2530 yuan/ton.

On the one hand, the total production quota of R22 in 2023 has been reduced by 19% to 181800 tons. Recently, the price of R22 has slightly declined, and there is still a strong demand for support for trichloromethane. In the later stage, as the peak season passes, support for trichloromethane will weaken again.

Analysts from Business Society’s methane chloride data believe that although there is currently support in the demand side for trichloromethane, with the end of the later peak season, support may weaken, coupled with pressure on the supply side, it is expected that the trichloromethane market will be weak and consolidate in the short term.