This week (5.22-5.29), the market for chloroform rose. According to data from Business Society, as of May 29th, the price of trichloromethane bulk water in Shandong Province was 2225 yuan/ton, an increase of 4.71% from last Monday’s 2125 yuan/ton. The price of raw material methanol fluctuates slightly, and the cost support for trichloromethane is weak; Recently, some downstream enterprises have taken stock replenishment actions, and short-term demand has been supported by trichloromethane. The market for trichloromethane has slightly increased.
| PVA |
This week (5.22-5.29), there was a slight fluctuation in the start of the methane chloride plant.
This week (5.22-5.29), the price of raw material methanol has stabilized at a low level, and the cost support for trichloromethane is still weak. According to the Commodity Market Analysis System of Business Society, as of May 29th, the spot price of methanol was 2191 yuan/ton, an increase of 0.04% from last Monday’s 2190 yuan/ton, and the low point during the cycle was 2135 yuan/ton.
Short term export orders provide support for trichloromethane, but due to the domestic refrigeration market entering 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, making it difficult to improve the demand for trichloromethane in the medium to long term.
According to methane chloride data analysts from Business Society, although the supply pressure in the trichloromethane region is currently relatively low, the overall domestic demand support is weak, coupled with low cost consolidation, and it is expected that the trichloromethane market will fluctuate in a narrow range in the future.
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