In September, the dichloromethane market fluctuated and tended to rise. In mid September, the average price of dichloromethane in Shandong reached a high point of 2780 yuan/ton, an increase of 7.13%, and then fell back. In late September, it remained stable and tended to rise. According to the Commodity Market Analysis System of Shengyi Society, as of September 30th, the average price of dichloromethane bulk water in Shandong Province was 2720 yuan/ton, with a monthly increase of 4.82%.

The cost of raw materials has slightly increased, and the focus of the methanol liquid chlorine market has shifted upward in September; The operating rate of methane chloride units has slightly decreased. In the first half of the month, the dichloromethane market continued to rise, but the demand side’s holiday replenishment heat was average, and the overall market transaction atmosphere was weak. Downstream customers basically maintained their urgent needs for replenishment, and the company’s shipment volume significantly decreased, while inventory began to grow rapidly. Returning after the holiday, the overall market demand is mainly following suit, with manufacturers lowering prices one after another to increase market activity, and low prices driving a relatively optimistic atmosphere for market transactions. In the second half of the month, the market is stable and trending upwards, with factory prices slightly rising. As the holiday approaches, procurement and replenishment are basically over, and the ability to receive goods is limited. As of September 30th, the ex factory price of mainstream dichloromethane in Shandong region is around 2700-2740 yuan/ton.

On the supply side: With the low load and maintenance recovery of the equipment, the domestic methane chloride production has slightly rebounded compared to the beginning of the month.

In terms of raw materials, the methanol market in September first fell and then rose. The overall supply of goods is abundant, but the growth rate on the demand side is relatively limited. According to the Commodity Market Analysis System of Shengyi Society, as of September 30th, the spot price of methanol was 2478.33 yuan/ton, a decrease of 0.07% from the beginning of the month. The center of gravity of liquid chlorine prices has shifted upwards, and the market trading atmosphere has improved.

In terms of demand: Dichloromethane has a wide range of applications and plays an important role in various industries. The popularity of double section replenishment procurement is average, and overall essential procurement is the main focus. In the first half of the year, downstream refrigerant R32 was overused by air conditioning companies, and the demand continued to increase, easing the tight supply situation in the market. The quota policy had a significant impact on R32, and the market price of R32 rose to around 38000 yuan/ton. Channel procurement did not fall back, and the market remained strong. Positive support for dichloromethane formation.

Business analysts believe that the rise in raw material prices will support the dichloromethane market, and major factories will stop for maintenance after the holiday, which will support the upward trend of the dichloromethane market. However, due to the significant decrease in demand after the holiday replenishment, the bearish market is expected to rise, and the dichloromethane market is expected to consolidate or move slightly upward.