This week (4.17-4.24), the market for dichloromethane fluctuated in a narrow range. As of April 24th, the average price of dichloromethane bulk water in Shandong was 2655 yuan/ton, a decrease of 0.47% from last Monday’s 2667 yuan/ton, and the highest point in the cycle was 2672 yuan/ton. The low price of raw material methanol rebounded slightly, while the cost of dichloromethane showed some short-term support; Downstream demand is weak, providing weak support for dichloromethane. However, the supply of methane chloride is still loose, and the recent narrow consolidation of the dichloromethane market is the main trend.
| PVA 1788 (PVA BP17) |
This week (4.17-4.24), the start of the methane chloride plant slightly decreased, but overall it remains loose.
This week (4.17-4.24), the price of raw material methanol rebounded slightly from the low point, while the cost of dichloromethane showed some short-term support. According to Business News, as of April 24th, the spot price of methanol was 2555 yuan/ton, an increase of 1.02% from last Monday’s 2530 yuan/ton.
| PVA |
The traditional peak season has arrived, and the refrigerant R32 market is operating at a high level, with stable operation and some support for dichloromethane. The pharmaceutical intermediate and diluent solvent industries are operating steadily, and there is a strong need for support for dichloromethane. However, there has been no significant increase in the overall demand side.
Future Market Forecast: According to the methane chloride data analyst of the Business Society, the downstream of dichloromethane is currently in need of support, but the methane chloride industry is still at a high level and the supply side is loose. Although raw material prices have rebounded slightly, it is difficult to provide strong support for dichloromethane. Due to the fundamental game of the industrial chain, it is expected that the dichloromethane market will narrow in the short term.
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