Recently (September 11th to September 18th), the market for chloroform had continued to rise. According to data from SunSirs, as of September 18th, the price of bulk chloroform in Shandong Province was 2,550 RMB/ton, an increase of 4.08% from last Monday's 2,450 RMB/ton. The price of raw material methanol rose, while the price of liquid chlorine first rose and then fell, and the overall cost of chloroform provided support for the market of chloroform; The overall inventory of chloroform enterprises was low, and a certain factory in the region did not sell goods outside. The market supply was tight, and although downstream construction was low, it was in a period of pre holiday stocking. The enterprise had a strong willingness to increase prices, and raised the factory prices.
Analysis review
Recently (from September 11th to September 18th), the domestic production of methane chloride was basically normal, with an overall operating rate of around 75%.
Recently (from September 11th to September 18th), the price of raw material methanol had risen, while the price of liquid chlorine first increased and then decreased. The overall cost of chloroform provided support. According to the Commodity Market Analysis System of SunSirs, as of September 18th, the spot price of methanol was 2,595 RMB/ton, an increase of 3.42% from last Monday's 2,515 RMB/ton. The price of raw material liquid chlorine had fallen after a rise, and the price had risen to a high level of 700 RMB/ton during the cycle. At one point, the cost side provided strong support for chloroform.
The overall starting point of refrigerant R22 was stable at a low level, and the price was operating at a high level. However, in 2023, the total production quota of R22 was reduced by 19% to 181,800 tons. In the medium to long term, the overall demand support for chloroform will weaken.
Market outlook
Methane chloride data analysts from SunSirs believe that there is still support from supply and demand in the short term, and the cost side is still relatively high. It is expected that the chloroform market will continue to operate at a high level in the short term.
