There has been some improvement in transactions in the dichloromethane market

The transaction atmosphere in the dichloromethane market has improved to some extent after the price fell to the market’s psychological level, and coupled with the slight rebound in prices of some enterprises, there has been a certain phenomenon of hoarding by merchants and downstream.

The main merchants are not very proactive in hoarding goods, and most only take a small amount of goods. Although inventory on the enterprise side has risen to the middle level, there are plans to raise prices due to the improved shipping situation yesterday.

 

Key factors affecting current market price changes

 

Cost: Low liquid chlorine prices, weakened support for dichloromethane costs;

 

Demand: There has been a certain improvement in market demand, mainly due to merchants stocking up, with average performance in terminal demand;

 

Inventory: Production enterprise inventory is at a median level, while merchant and downstream inventory is at a high level;

 

Supply: On the enterprise side, the installation and operation are relatively high, and the overall supply of goods in the market is sufficient;

 

There is a certain rebound in prices, and there is a possibility that the southern region will be slightly driven. However, the current demand momentum is insufficient, and there is not much room for further price increases.

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