The market of chloroform in Shandong Province is stable at the beginning of the week

1、 Price trend

 

According to the monitoring of bulk data from the business agency, the market of chloroform in Shandong Province is weak and stable. At the beginning of the week, the price of chloroform was about 1550 yuan / ton, down 18.42% from the beginning of March.

 

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2、 Cause analysis

 

Product reason: at present, the production of chloroform enterprises in Shandong Province remains normal, the market spot supply is relatively sufficient, and the downstream market and traders are short of rigid demand, which leads to the increasing inventory pressure of enterprises, and the situation that the supply exceeds the demand in the industry is gradually revealed. At present, the quotation in Shandong Province is about 1550 yuan / ton, in Jiangxi Liwen about 2200 yuan / ton, and in Jiangsu about 2700 yuan / ton.

 

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Industrial chain: on the upstream side, the production and sales of regional production enterprises in the domestic methanol market are basically balanced, and the inventory is kept within the controllable range, but the demand side is still insufficient, at present, about 1612 yuan / ton; the overall production of the liquid chlorine market is relatively stable, and the demand of the downstream market is poor, at present, about 100-300 yuan / ton. In the downstream, the demand side of domestic refrigerant market is mainly rigid demand, and the production of enterprises is gradually recovering; in the recovery of pharmaceutical agricultural market and solvent industry, the rigid demand is weak, and the price support for chloroform is insufficient.

 

3、 Future forecast

 

According to the data analyst of methane chloride of business association, at present, the demand side of trichloromethane market is not well supported, and the enterprise’s inventory pressure is increasing day by day. However, due to the high production cost, the enterprise is not willing to sharply reduce the price, and it is expected to maintain a weak stability in a short period of time.

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