SunSirs: The chloroform market was stable overall

https://www.chemnet.com   Apr 17,2024 SunSirs

　　Recently (4.1-4.15), the chloroform market in Shandong region had been operating steadily. According to the commodity market analysis system of SunSirs, as of April 15th, the price of bulk chloroform in Shandong region was 2,780 RMB/ton, which remained stable compared to the previous period. Downstream production remained stable with on-demand stocking, while terminal procurement performance was mediocre; The price of raw material methanol slightly decreased, while the price of liquid chlorine first increased and then slightly decreased. The cost of chloroform continued to support, and the chloroform market remained stable and consolidated.

　　Analysis review

　　Recently (4.1-4.15), there had been a slight fluctuation in domestic methane chloride supply, with an overall operating rate of around 70%.

　　In recent days (4.1-4.15), the price of raw material methanol had slightly decreased, while the price of liquid chlorine had initially risen and then fallen slightly. The cost of chloroform continued to support. According to the Commodity Market Analysis System of SunSirs, as of April 15th, the spot price of methanol was 2,615 RMB/ton, a decrease of 0.32% from 2,623 RMB/ton on the 1st. As of April 15th, the acceptance price of liquid chlorine in tank trucks in Shandong region had remained around 500 RMB/ton, which was lower than 700 RMB/ton in early April and higher than 300 RMB/ton at the end of March.

　　Recently (4.1-4.15), downstream refrigerant R22 had been operating at a stable low level, with weak support for the demand for chloroform.

　　Market outlook

　　SunSirs’methane chloride data analyst believes that the cost of chloroform provided support; The downstream refrigerant industry was experiencing peak seasons but production remained low, with limited support for the demand for chloroform. Overall, in the short term, the chloroform market is mainly stable and consolidating.

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