The market situation of trichloromethane has significantly declined

In the first half of May, the market for chloroform significantly declined. According to data from Business Society, as of May 15th, the price of trichloromethane bulk water in Shandong Province was 2075 yuan/ton, a significant decrease of 11.70% from 2350 yuan/ton at the beginning of the month. The price of raw material methanol has decreased, while the cost of trichloromethane has slightly decreased; The peak season for downstream refrigerants has come to an end, with weak demand for R22 and weak support for chloroform; Methane chloride production fluctuated slightly, while the pressure on the supply side of trichloromethane continued; Trichloromethane market is weak and declining.

 

PVA

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. The parking and maintenance prices of some downstream refrigerant R22 enterprises are temporarily stable, and in addition, the total production quota of R22 will be reduced by 19% to 181800 tons in 2023. The support for trichloromethane will once again weaken after the peak season.

 

According to methane chloride data analysts from Business Society, although the demand for trichloromethane is currently weak and there is pressure on the supply side, it is expected that the trichloromethane market will be weak and consolidate in the short term.

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