1、 Price trend

According to the Commodity Market Analysis System of Business Society, the overall price of dichloroethane in the domestic market increased this week (3.4-3.8). The average market price at the beginning of the week is 2720 yuan/ton, and the average weekend price is 2840 yuan/ton, with a weekly increase of 4.41%.

2、 Analysis and Review

The overall domestic market for dichloroethane has risen, with a slight decrease in the focus of dichloroethane in Jiangsu this week compared to last week. New orders have been poorly executed, and inventory is mainly consumed. The markets in Shandong and Shanghai have rebounded, with a strong trading atmosphere and low inventory levels. The price of dichloroethane has slightly increased compared to last week.

In terms of raw materials, the price of ethylene in Northeast Asia fell by $20/ton this week, and the domestic liquid chlorine market is on the rise. The shipment situation of alkali plants is still acceptable.

In terms of demand, the ethylene method PVC in East China increased by 50 yuan/ton this week. In February, the export prices of ethylene method PVC in East China and North China were lowered, and the export transaction situation for that month was average.

3、 Future Market Forecast

From the perspective of Shengyi Society, the raw materials have fluctuated, but the domestic prices on the demand side have risen, which is a favorable factor for the market of dichloroethane. It is expected that dichloroethane will remain stable and tend to operate stronger in the future.