In November, dichloromethane rose to a high for the year. According to the Commodity Market Analysis System of Shengyi Society, in mid November, the price of dichloromethane in Shandong Province rose to 3180 yuan/ton, an increase of 20% from the beginning of the month and 32.36% from the beginning of the year; As of the end of November, the average price of dichloromethane bulk water in Shandong region was 2990 yuan/ton, with a monthly increase of 12.83%.

In the first ten days of the year, the rapid growth of dichloromethane led to a decrease in production load on the supply side, an increase in raw material prices on the cost side, and a lack of inventory due to smooth trading by traders, resulting in the dichloromethane market reaching a new high for the year. At high prices, the market has light shipments and inventory is under pressure. Manufacturers are considering the negative factors of weak demand and increased supply, and have slightly lowered their quotations. At the end of the month, there was an increase in enterprise maintenance, and manufacturers adjusted their quotations accordingly, resulting in a good market transaction atmosphere and proactive replenishment.

On the supply side: It is understood that several large factories have stopped for maintenance and low load operation during the month, resulting in tight market supply, which strongly supports the upward trend of dichloromethane market.

In terms of raw materials, the market price of methanol is mainly rising, and some production enterprises are limiting their shipments, which is driving up the price of methanol in mainland China. The inventory has significantly decreased, but it is still at a high level. As of November 29th, the spot price of methanol in Shengyi Society was 2544 yuan/ton, an increase of 2.55% from the beginning of the month. The market for liquid chlorine in Shandong continues to rise, with increased confidence in business transactions and a stable bullish outlook.

In terms of demand, the market price of refrigerant R32 has risen, with little remaining annual quota, and spot prices continue to be tight. The circulation market is digesting inventory, and production shutdown and maintenance plans are clear. Some downstream home appliance manufacturers are facing insufficient quotas. The supply shortage trend in December is obvious, and offers are expected to continue to break through the previous high. Order prices in the first quarter are still expected to rise. Other applications should maintain a strong demand for purchasing and restock at low prices.

Business analysts believe that the maintenance of large factories is favorable, supported by the upward trend of raw materials, and the demand side is in urgent need of procurement. It is expected that the dichloromethane market will operate steadily with a moderate to strong trend in the short term.