This week, the dichloromethane market started to rise and then fell. According to the Commodity Market Analysis System of Shengyi Society, as of September 18th, the average price of dichloromethane bulk water in Shandong Province was 2685 yuan/ton, with a weekly decline of 1.65%.

The raw material cost has limited market support, and this week the focus of methanol has shifted upwards, while the liquid chlorine market has rebounded from a low level; The operating rate of the methane chloride unit has slightly decreased, and the focus of the dichloromethane market has shifted upward before the holiday. As the holiday approaches, the downstream stocking and receiving situation is average, and the shipment volume of enterprises has significantly decreased, leading to a rapid increase in inventory. Returning after the holiday, the overall market demand is mainly following suit, and manufacturers have lowered prices one after another to increase market activity. As of September 18th, the ex factory price of mainstream dichloromethane in Shandong region is around 2670-2700 yuan/ton.

Supply side: Domestic production of methane chloride is stable with some fluctuations.

In terms of raw materials: Recently, the market for methanol raw materials has fluctuated narrowly. According to the Commodity Market Analysis System of Shengyi Society, as of September 18th, the spot price of methanol was 2401.67 yuan/ton, with a shift in focus this week, but a 3.16% decrease from the beginning of the month. The price of liquid chlorine rebounded at a low level, with average shipments from enterprises and a relatively light trading atmosphere in the market.

In terms of demand: Dichloromethane has a wide range of applications and plays an important role in various industries. The popularity of double section replenishment procurement is average, and overall essential procurement is the main focus. An increase of 35000 tons of R32 domestic production quota will be issued for downstream refrigerants, corresponding to a 25% increase in the existing domestic production quota for R32 by 2024. This will alleviate the tight supply situation in the market and provide support for the dichloromethane market.

Business analysts believe that the demand for replenishment after the holiday has not yet started, and the short-term price of dichloromethane is consolidating. Before the National Day holiday, the focus of the dichloromethane market may rebound and move upward.