This week (9.19-9.29), the dichloromethane market showed a stable and upward trend. According to the Commodity Market Analysis System of Shengyi Society, as of September 29th, the average price of dichloromethane bulk water in Shandong Province was 2695 yuan/ton, with a weekly increase of 2.1%.

The dichloromethane market has experienced a stable, moderate, and slight upward trend, with a relatively optimistic trading atmosphere. The delivery process of enterprises in Shandong region is smooth, and the market performance is particularly impressive; Enterprises in the southern region, on the other hand, maintain a relatively stable but slightly calm state. As the holiday approaches, the inventory pressure of enterprises is relatively low. The market generally believes that the possibility of a significant adjustment in the price of dichloromethane before the holiday season is small, and buyers’ enthusiasm for continuing to stock up before the holiday is not high. As of September 29th, the ex factory price of mainstream dichloromethane in Shandong region is around 2670-2720 yuan/ton.

On the supply side, the load of the equipment has been reduced, and the production of methane chloride has slightly decreased.

In terms of raw materials: Recently, the upward movement of raw material prices has strongly supported the upward trend of dichloromethane market. The market for raw material methanol has stopped falling. According to the Commodity Market Analysis System of Shengyi Society, as of September 28th, the spot price of methanol was 2428.25 yuan/ton, an increase of 1.57% compared to September 19th. The overall supply of goods is abundant, but the growth rate on the demand side is relatively limited. The center of gravity of the liquid chlorine market has shifted upward, and the trading atmosphere in the market is still acceptable.

In terms of demand: Dichloromethane has a wide range of applications, and downstream refrigerant R32 was overused by air conditioning companies in the first half of the year, resulting in a continuous increase in demand. The quota policy has a significant impact on R32, with a market price of around 38000 yuan/ton. Procurement channels have not fallen back, and the market remains strong. Positive support for dichloromethane formation.

Business analysts believe that as the holiday approaches, the short-term price of dichloromethane will consolidate, supported by rising raw material prices. After the holiday, major factories will shut down for maintenance, and it is expected that the focus of the dichloromethane market will shift upward.