This week (11.9-11.18), dichloromethane continued to rise, reaching a new high for the year. According to the Commodity Market Analysis System of Shengyi Society, as of November 17th, the average price of dichloromethane bulk water in Shandong Province was 3180 yuan/ton, with a weekly increase of 8.35%, a 20% increase from the beginning of the month, and a 32.36% increase from the beginning of the year. Today, there are signs of a decline in the market.

Dichloromethane continues to rise, with reduced production load on the supply side and increased raw material prices on the cost side, resulting in firm quotes from manufacturers. At present, the market trading sentiment is weak, and traders are under great pressure to ship. The market has a strong wait-and-see attitude, and there are signs of a decline in ex factory prices today. As of November 18th, the ex factory price of mainstream dichloromethane in Shandong region is around 3130-3170 yuan/ton.

On the supply side: Within the week, the main manufacturers have reduced their operations to 20% and now maintain 50%. Supply is tight and manufacturers have no inventory pressure. The manufacturer has resumed production due to scheduled maintenance on the 17th, and the rise in dichloromethane has been hindered.

In terms of raw materials: The rise in raw materials is favorable for dichloromethane, while the methanol market is slightly sluggish. Supply pressure is still present, and the upward drive is weak. As of November 18th, the spot price of methanol in Shengyi Society was 2510 yuan/ton, an increase of 1.18% from the beginning of the month. The liquid chlorine market in Shandong continues to rise, but with a narrow increase in operating rates, supply will increase.

In terms of demand: Dichloromethane is widely used, and it is often purchased as needed and restocked at low prices. The refrigerant market continues to have good production and sales, and refrigerant prices are running steadily. R32 maintains a tight supply situation, with factories showing reluctance to sell and controlling orders, resulting in continued high refrigerant prices in the future.

Business analysts believe that the maintenance of enterprise equipment fluctuates narrowly, the driving force of raw material prices is weak, and the demand side urgently needs to purchase. It is expected that the dichloromethane market will consolidate in the short term.