This week (10.19-10.25), the demand for dichloromethane in the market was weak, and the market in Shandong continued to weaken. According to the Commodity Market Analysis System of Shengyi Society, as of October 25th, the average price of dichloromethane bulk water in Shandong Province was 2665 yuan/ton, with a weekly decline of 6.49%.

The market inventory is under pressure, and the transaction atmosphere is flat. Shandong’s major factories have significantly lowered their quotations, and terminals are taking goods on demand. The demand side is mostly adopting a wait-and-see and bearish attitude. As of October 25th, the ex factory price of mainstream dichloromethane in Shandong region is around 2620-2700 yuan/ton.

Supply side: The production of methane chloride will increase.

In terms of raw materials: Recently, methanol production reduction and maintenance have been favorable, and the market has slightly rebounded after falling to a low level. According to the commodity market analysis system of Shengyi Society, as of October 25th, the spot price of methanol was 2445.83 yuan/ton, a decrease of 5.11% from the beginning of the month. The liquid chlorine market is fluctuating and rising, and the trading atmosphere is still acceptable.

In terms of demand: refrigerant demand is essential for procurement, with increased quotas released within R32. Air conditioning orders are locked in price, and export volume continues to increase. The overall market is improving, and foreign trade offers are currently significantly higher than those in the domestic market.

Business analysts believe that with the resumption of production of enterprise maintenance equipment, market supply is gradually increasing, demand is mainly driven by essential needs, and buying at low prices is expected. It is expected that the dichloromethane market will weaken and consolidate.