China’s domestic trichloromethane market was weak this week (8.5-8.9)

Price Trend

 

According to a large number of data monitored by business associations, the price of trichloromethane in China has been steadily weakening this week. At the beginning of the week, the average price of trichloromethane in Shandong Province was about 2,800 yuan/ton, and at the end of the week, the average price was about 2,700 yuan/ton, with an overall decline of 3.57%.

Gamma PGA 30% fertiliser grade

II. Cause Analysis

Product Reasons: At present, Jinling, Shandong Province, chloroform inventory is low, part of the export orders of chemical industry in Western Shandong Province, spot supply is tight, but the demand of refrigerant industry downstream is not good in off-season, and the price of trichloromethane is gradually falling. At present, the price of trichloromethane in Shandong is about 2550-2700 yuan/ton; that in Jiangsu is about 4000 yuan/ton; and that in Liwen, Jiangxi is about 3300 yuan/ton. In terms of start-up, Jinling Chemical Plant started normal; Dongying Jinmao Chemical Plant is still under maintenance; Luxi Chemical Plant started 60%; Jiangsu Liwen Plant started normal; Jiangxi Liwen Plant was affected by power station maintenance, and enterprises operated negatively in early August for half a month.

Industry chain: upstream, domestic methanol market is affected by equipment maintenance and trader replenishment. It runs steadily in a week. At the beginning of the week, the average price of methanol market is 2076 yuan/ton, the average price of methanol at the weekend is 2136 yuan/ton, an increase of 2.89%, and the price is 29.39% lower than that of the same period last year. The supply of liquid chlorine market is reduced, the stock of enterprises is low, but the downstream market demand is not high. Good. At present, the company overreports 200-300 yuan/ton. On the downstream side, the domestic R22 refrigerant market has been affected by the sluggish demand in recent years. It has continued to decline within a week. The industry has not had a good discussion. Now the quotation for bulk water is 16500-18500 yuan/ton.

Gamma PGA

Industry: According to the price monitoring of business associations, in the 31 st week of 2019 (8.5-8.9), there were 16 commodities rising annually in the chemical sector, of which 2 commodities increased by more than 5%, accounting for 2.4% of the monitored commodities in the sector; the first three commodities were hydrogen peroxide (12.69%), acetic anhydride (10.50%) and butadiene (4.20%). There are 36 kinds of commodities with a decline of more than 5%, accounting for 2.4% of the monitored commodities in this sector. The products with the first three declines are yellow phosphorus (-22.73%), sulfur (-5.81%) and propylene (-4.45%).

3. Future Market Forecast

Business community methane chloride data analysts believe that the overall spot supply of trichloromethane market is tight, but the downstream demand is weak, affected by typhoon rainstorm weather, logistics and transportation in some areas are limited recently, and the arrival situation is difficult. It is expected that the market of trichloromethane will be shaken and adjusted in the short term.

http://www.sodium-persulphate.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>