The dichloromethane market fluctuated and weakened in November. According to the commodity market analysis system of Shengyishe, as of November 30th, the price of dichloromethane bulk water in Shandong Province was 2505 yuan/ton, a decrease of 2.72% from 2575 yuan/ton at the beginning of the month. The high point of the month was 2610 yuan/ton, and the low point was 2410 yuan/ton. Due to the tight supply side in the early stage, prices remained strong. In the later stage, on the one hand, the support for raw materials weakened, and on the other hand, the pressure on the supply and demand side further increased, resulting in a weak and downward trend in the dichloromethane market.

In the first half of November, the start-up of methane chloride plants was affected by the maintenance of some enterprise facilities, resulting in an overall decline. The lowest start-up value in the first half of the month was around 6.2%; In the second half of the month, with the resumption of production of early maintenance equipment, the operating rate gradually increased to around 7.6%.

The cost support for dichloromethane in November was strong before and weak after

In November, the price of raw material methanol fluctuated and rose, while the price of liquid chlorine remained strong at the previous high level and significantly decreased at the end of the month. The cost support for dichloromethane weakened from strong to weak. According to the commodity market analysis system of Business Society, as of November 30th, the spot price of methanol was 2510 yuan/ton, an increase of 3.50% from 2425 yuan/ton at the beginning of the month. The high point during the cycle was 2520 yuan/ton, and the low point was 2365 yuan/ton; At the end of November, the acceptance price of liquid chlorine tank trucks in Shandong region was 300 yuan/ton, which was lower than the price of 600 yuan/ton at the beginning of the month.

Affected by the low starting point of equipment maintenance in the first half of the month, the supply of dichloromethane was tight, and the price of dichloromethane remained firm; In the second half of the month, on the one hand, the construction will improve the recovery of the supply side, and on the other hand, the willingness of merchants to hoard goods is low. Downstream terminals are only supported by rigid demand, and the inventory of methane chloride enterprises has slightly increased, leading to a decline in prices.

Market forecast: According to analysts from Business Society’s methane chloride data, the cost of dichloromethane still has support, but the demand side is weak. Overall, it is expected that the dichloromethane market will continue to fluctuate and consolidate in the later stage.