The supply and demand side dragged down, and the price of chloroform fell sharply in May. According to the monitoring data of business agency, as of May 31, the price of chloroform apron in Shandong was 3350 yuan / ton, down 38.95% from 5487 yuan / ton at the beginning of the month.

Since May, the start-up of domestic methane chloride plant has been raised to around 80-90%. Jinling unit in Shandong operates at 90% load, Dongyue unit operates at full load, Luxi unit operates at 80% load, and the start-up of Liwen, Meilan, Juhua and other enterprises in Jiangsu and Zhejiang is at the same high level. In addition, Dongying Huatai’s new 160000 T / a methane chloride unit in the last phase is planned to be put into operation in the near future, which further increases the domestic supply pressure.

In May, the spot price of raw methanol decreased slightly, and the cost side weakened slightly. According to the business agency, as of May 31, the price of methanol was 2617 yuan / ton, down 4.64% from 2745 yuan / ton at the beginning of the month.

The production and sales of air conditioners are shrinking, and the demand for refrigerant is insufficient. The start-up of refrigerant R22 plant continues to be low, and the demand side is weak.

Future forecast: the analysts of the methane chloride data of the business community believe that the overall chloroform market is weak due to the lower cost and weaker downstream demand. However, after the sharp decline in May, the risk of chloroform decline is gradually reduced. It is expected that the price of chloroform will be weak and volatile in the later period.