Decline in dichloromethane market

In the first half of May, the market for dichloromethane weakened and declined. According to the Commodity Market Analysis System of Business Society, as of May 15th, the average price of dichloromethane bulk water in Shandong was 2412 yuan/ton, a decrease of 4.83% from 2535 yuan/ton at the beginning of the month, and the highest point in the cycle was 2625 yuan/ton. The price of raw material methanol has decreased, while the cost of dichloromethane has slightly decreased; Downstream refrigerant demand is weak, with weak support for dichloromethane. At the beginning of the month, due to an unexpected incident at a certain factory, the market slightly increased in the short term, but the supply of methane chloride remained loose, and the supply and demand side was weak. In the later stage, the price of dichloromethane fell again. Overall, the dichloromethane market in the first half of May fluctuated and declined.

 

Gamma Polyglutamic Acid

In the first half of May, there was a slight fluctuation in the operation of methane chloride plants.

 

In the first half of May, the price of raw material methanol decreased, while the cost of dichloromethane slightly decreased. According to the Commodity Market Analysis System of Business Society, as of May 15th, the spot price of methanol was 2325 yuan/ton, a decrease of 4.02% from 2423 yuan/ton at the beginning of the month.

 

After entering May, the refrigeration market entered the end of the traditional peak season. Downstream refrigerant R32 has temporarily stabilized the parking and maintenance prices of some enterprises, but the demand for dichloromethane has weakened. The pharmaceutical intermediate and diluent solvent industries have experienced slight fluctuations in production, and dichloromethane just needs support. However, there has been no significant increase in the overall demand for dichloromethane.

 

Future Market Forecast: According to methane chloride data analysts from Business Society, downstream demand for dichloromethane is currently slightly weaker than in the early stage. In addition, the supply of dichloromethane is loose, and raw material prices are lower. Affected by the weak fundamentals of the industrial chain, it is expected that the dichloromethane market will be weak and consolidate in the short term.

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