This week (2.9-2.14), the dichloromethane market continued to rebound. According to the Commodity Market Analysis System of Shengyi Society, on February 14th, the average price of dichloromethane water in Shandong Province was 2572 yuan/ton, with a weekly increase of 3.11%;

Downstream demand is slowly recovering, with urgent procurement and reduced pressure on enterprise shipments. At the beginning of the week, the dichloromethane market continued to rise slightly. Currently, the market supply and demand are in a stalemate, and there is a strong wait-and-see sentiment in the downstream. On February 14th, the mainstream bulk price of dichloromethane in Shandong region was around 2520-2570 yuan/ton.

Supply side: The operating load of the methane chloride unit in the enterprise has remained stable this week. The following is the operation status of the unit:

Cost aspect: The market atmosphere is weakening, shipments are slow, and the methanol and liquid chlorine markets are declining. On February 13th, the spot price of methanol in Shengyi Society was 2604.17 yuan/ton, a decrease of 1.2% from the beginning of the month.

Demand side: Downstream production is gradually recovering, and the demand for refrigerants is expected to be good. However, due to the impact of production and sales not yet recovering, factories have a strong wait-and-see attitude towards maintaining stability.

Business analysts believe that the expected increase in downstream production and demand will support the stable, medium to strong operation of dichloromethane.