Price trend chart of trichloroethylene

According to the commodity market analysis system of Shengyishe, the barrel price of trichloroethylene continued to be weak this week, with an average price of 6840 yuan/ton at the beginning of the week and 6560 yuan/ton at the end of the week, a decrease of 4.09% during the week.

Analysis and Review

The price of trichloroethylene continues to decline, and the trading atmosphere on the market is light. The enthusiasm for raw material procurement has weakened, and the price of new orders is close to cost. Manufacturers have further weakened their profit sentiment. On March 6th, the barrel prices of manufacturers in East China slightly increased, but the market inventory is large and shipments are active. The quota policy for third-generation refrigerants on the demand side has been implemented, and the pattern of the refrigerant industry continues to optimize. The price war among manufacturers has weakened, and the refrigerant industry as a whole has entered a business cycle. In addition, with the upcoming peak season for downstream refrigerant stocking in March, manufacturers have a strong attitude towards price support, and the domestic refrigerant R134a price has risen strongly.

Future Market Forecast

Business Society’s trichloroethylene analyst believes that the upward price of refrigerant R134a on the demand side provides good support for trichloroethylene, and it is expected that trichloroethylene will fluctuate in the future market.