This week (11.1-11.13), the market for chloroform fell. According to data from Business Society, as of November 13th, the price of trichloromethane bulk water in Shandong Province was 2266 yuan/ton, a decrease of 21.50% from 2887 yuan/ton at the beginning of the month. The prices of raw materials methanol and liquid chlorine have slightly increased, while the cost of trichloromethane has slightly increased; However, downstream demand is weak, transactions in the trichloromethane market are scarce, enterprises have accumulated a small inventory, and factory prices have gradually decreased.
In the near future (11.1-11.13), the domestic production of methane chloride has remained around 6.1%, and a plant in Shandong Province is planning to restart its operation.
Recently (11.1-11.13), the raw material methanol has slightly increased, the price of liquid chlorine has significantly increased, and the cost support for trichloromethane has strengthened. According to the Commodity Market Analysis System of the Business Society, as of November 13th, the spot price of methanol was 2465 yuan/ton, an increase of 1.65% from the 2425 yuan/ton at the beginning of the month. As of November 13th, the acceptance price of liquid chlorine tank trucks in Shandong region has been sorted out around 600 yuan/ton.
In the off-season, the terminal only needs a small amount of support for refrigerants. Currently, the market for refrigerant R22 is declining, and the operating low point fluctuates narrowly, leading to a significant weakening of demand support for trichloromethane. In 2023, the total production quota of R22 will be reduced by 19% to 181800 tons, and overall support for trichloromethane demand will weaken in the medium to long term.
According to methane chloride data analysts from Business Society, on the one hand, weak demand has a significant impact on trichloromethane, and on the other hand, there is slight cost support in the short term. It is expected that the market for trichloromethane will mainly consolidate in a narrow range in the later stage.
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