According to the Commodity Market Analysis System of Shengyi Society, in early December, the price of dichloromethane water in Shandong Province rose to 3098 yuan/ton, an increase of 3.51% compared to the beginning of the month; As of December 27th, the average price of dichloromethane bulk water in Shandong region was 2725 yuan/ton, a monthly decrease of 8.86%.

In the first week of December, dichloromethane in Shandong continued to rise, with a slight increase. The maintenance of enterprise equipment has not been restored, the manufacturer’s quotation is firm, downstream demand is insufficient, and there is a strong wait-and-see attitude. Inventory is under pressure, and the manufacturer’s quotation has been lowered, causing the market to fall. After a continuous decline in prices, downstream enthusiasm for receiving goods has increased, export orders have increased, and manufacturers have raised their prices accordingly.

On the supply side: It is understood that the maintenance equipment of the enterprise has not yet been restored within the month and is expected to restart soon. Another enterprise equipment will undergo maintenance in rotation. The workload for starting work next month will increase slightly.

In terms of raw materials, the domestic methanol market continues to rise, with high holding costs, tight supply at certain stages, stable demand, and continuous destocking by enterprises. As of December 27th, the spot price of methanol in Shengyi Society was 2711.67 yuan/ton, an increase of 6.58% from the beginning of the month. The market for liquid chlorine in Shandong has experienced a wide decline, with weak demand and downward pressure. Currently, the average price is at 100 yuan/ton, and at the beginning of the month it was between 300-500 yuan/ton.

On the demand side: With the gradual recovery of downstream industry demand and the expected growth of domestic demand, especially the strong promotion of the refrigerant market, there are few annual quotas left, waiting for the restart of the new annual quota. In terms of price, external market adjustments and expected price increases in quarterly order negotiations have driven the market back into an upward channel. Today’s quotation has risen by 1000-2000 yuan/ton to 42000-43000 yuan/ton, which is expected to support the upward trend of dichloromethane market.

Business analysts believe that the fluctuation of raw materials is difficult to form support, supply is expected to increase, upward momentum is hindered, refrigerant quotas are restarted, operating loads are increasing, prices are bullish at high levels, and demand support is strong. It is expected that the dichloromethane market will operate steadily, moderately, and strongly in the short term.