Cost driven strong rise: Since March, the price of trichloromethane has increased by 50.88%

Recently (3.1-3.17), the trichloromethane market in Shandong has seen a significant increase. According to the Commodity Market Analysis System of Shengyi Society, as of March 17th, the price of trichloromethane water in Shandong Province was 2866 yuan/ton, an increase of 50.88% from 1900 yuan/ton at the beginning of the month. The geopolitical conflict in the Middle East has disrupted the petrochemical industry chain, causing a significant increase in the price of trichloromethane raw material methanol and a roller coaster like market trend of liquid chlorine rising first and then falling.
Recently (3.1-3.17), the methane chloride unit in Jinling has slightly decreased to around 8.30%.
Since March, methanol prices have risen significantly, while liquid chlorine prices have risen first and then fallen, providing support for the cost of trichloromethane. According to the Commodity Market Analysis System of Shengyi Society, as of March 17th, the spot price of methanol was 2870 yuan/ton, an increase of 30.45% from 2200 yuan/ton at the beginning of the month. The highest acceptance price for liquid chlorine tank trucks in Shandong region during the cycle is around 350 yuan/ton.
The downstream refrigerant R22 supply is subject to quota control, and the large-scale transactions in the south have eased inventory pressure, ensuring stable operation. Polytetrafluoroethylene (PTFE) showed a steady upward trend in March, with urgent demand for replenishment in fields such as electronics, sealing, and new energy. High end products, such as meltable PTFE, have relatively good demand.
The methane chloride data analyst from Shengyi Society believes that the current supply of chloroform is loose, and cost support is the main price driver. In the future, attention still needs to be paid to the development of geopolitical conflicts in the Middle East. If geopolitical conflicts ease, raw material prices will fall from high levels, and chloroform cost support will decrease, leading to a high decline in prices.

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