Price Trend

According to a large number of data monitored by business associations, the price of trichloromethane in Shandong rose sharply this week. At the beginning of the week, the average price of trichloromethane in Shandong was about 2550 yuan/ton, and at the end of the week, the average price was about 2700 yuan/ton, an overall increase of 5.88%.

II. Cause Analysis

Product Reasons: Affected by the weather this week, chloroform enterprises in Shandong started to decline, Dawang plant in Jinling, Shandong stopped, Dongying plant started normal production, chemical plant in Western Shandong started 60%, the market spot supply is tight, although the downstream refrigerant industry in the off-season demand is not good, the price of trichloromethane is still rising substantially. At present, the price of trichloromethane in Shandong is about 2700 yuan/ton; that in Jiangsu is about 4000 yuan/ton; and that in Liwen, Jiangxi is about 3300 yuan/ton. In terms of the start-up of the plant, the Jiangsu Liwen plant started to work normally; the Jiangxi Liwen plant was affected by the overhaul of the power station, and the enterprise operated negatively in early August for half a month.

Industry chain: In the upstream, the domestic methanol market runs steadily in a week, and the regional difference of inventory is great. At the beginning of the week, the average price of methanol market is 2182 yuan/ton, the average price of methanol at the weekend is 2224 yuan/ton, up 1.92%, and the price is 25.59% lower than that of the same period last year. In the liquid chlorine market, some enterprises affected by typhoon resume production and the market supply is normal. The downstream market just needs to be stable. At present, the enterprises are overreporting 200-400 yuan/ton. On the downstream side, the domestic R22 refrigerant market has passed its peak season recently. The market is abundant and the downstream demand is not good. The price continues to weaken. Now the company offers 15000-15500 yuan per ton for bulk water.

Industry: According to the price monitoring of business associations, on August 15, 2019, there were 20 kinds of commodities rising annually in the chemical sector, the first three of which were dichloromethane (3.08%), trichloromethane (1.92%) and aniline (1.79%). There are 6 kinds of products with ring-to-ring ratio declining. The products with the first three declining ranges are polymeric MDI (-1.86%), TDI (-1.20%) and liquid ammonia (-1.03%).

3. Future Market Forecast

Business community methane chloride data analysts believe that the current trichloromethane market is underdeveloped, the overall spot supply is tight, and the downstream refrigerant market has passed the peak season, which is not conducive to the price of chloroform. It is expected that the market of trichloromethane will be shaken and adjusted in the short term, and the future market will pay attention to the start-up of enterprises.