This week (12.1-12.5), the dichloromethane market saw a slight upward trend before stabilizing. According to the Commodity Market Analysis System of Shengyi Society, as of December 5th, the average price of dichloromethane bulk water in Shandong Province was 3095 yuan/ton, with a weekly increase of 3.51%.

The dynamic shutdown of enterprise equipment has driven the market atmosphere. The industry’s operating load level has decreased during the week, and suppliers have maintained a bullish sentiment. Enterprise inventory is low, and currently the market remains stable at a high level. Buyers are following up as needed, and the market trading atmosphere has weakened, with some holding a wait-and-see attitude. As of December 5th, the ex factory price of mainstream dichloromethane in Shandong region is around 3080-3100 yuan/ton.

On the supply side: During the week, some enterprises resumed their equipment and underwent maintenance, resulting in a decrease in operating load and weakened supply, which is favorable for the upward trend of dichloromethane prices.

In terms of raw materials, the methanol market is experiencing a downward trend, with strong willingness from companies to ship, a weak trading atmosphere in the market, and a sluggish spot market. As of December 5th, the spot price of methanol in Shengyi Society was 2482.5 yuan/ton, a decrease of 2.42% from the beginning of the month. The market for liquid chlorine in Shandong has fallen from a high level, with stable production and low purchasing sentiment among downstream enterprises, resulting in pressure on shipments.

In terms of demand, the market price of refrigerant R32 remains stable at a high level, with little remaining annual quota. In December, the industry’s inspection and repair area expanded, and the tight supply atmosphere continued to spread, resulting in limited demand for dichloromethane. Other applications should maintain a strong demand for purchasing and restock at low prices.

Analysts from Shengyi Society believe that the decline in raw materials will increase the profit margin of enterprises, and the maintenance of enterprise equipment will help to strengthen the market. The demand side urgently needs to purchase and expects low prices. It is expected that the dichloromethane market will consolidate and operate in the short term.