Market price of chloroform continued to weaken this week (1.6-1.10)

1、 Price trend


According to the bulk data monitoring of the business agency, the price of chloroform in Shandong continued to decline this week, with the average price at the beginning of the week at about 2200 yuan / ton, and at the end of the week at 2100 yuan / ton, down 4.55% in the week.


ferrous fumarate price

2、 Cause analysis


Product reason: due to the traditional off-season of trichloromethane market, the downstream demand is flat, and the demand side support is insufficient. Although the overall inventory of the market is low, it is still unable to prevent the weak operation of trichloromethane price. At present, the regional quotation is about 2100 yuan / ton, Jiangxi Liwen’s quotation is about 3050 yuan / ton, and Jiangsu’s quotation is about 3400 yuan / ton.


Industrial chain: in the upstream, the methanol market continues to be strong, with local strength. At present, it is about 2195 yuan / ton; the liquid chlorine market is stable, moderate and volatile, and the downstream demand is flat. At present, it is about 300-450 yuan / ton. On the downstream side, the domestic refrigerant market is in short supply and the downstream stock is picking up, and the weekly price is slightly higher; the pharmaceutical agricultural market and solvent industry just need to be flat, and the price of chloroform is generally supported.


Ferrous Fumarate

Industry: according to the price monitoring of the business agency, there are 11 kinds of commodities in the rise and fall list of bulk commodity prices on January 9, 2020, among which there are 2 kinds of commodities with an increase of more than 5%, accounting for 2.4% of the number of commodities monitored in this sector; the top 3 commodities with an increase are glycol (6.93%), ammonium chloride (5.09%) and DMF (4.29%). There are 6 kinds of commodities with a decline in the month on month, and the top 3 products were bisphenol A (- 4.40%), epichlorohydrin (- 2.73%) and potassium sulfate (- 0.90%).


3、 Future forecast


According to the data analyst of methane chloride of business association, at present, it is in the off-season of chloroform, with low inventory of enterprises and poor downstream demand. Under the condition of weak supply and demand, it is expected to operate in a weak way in the short term.

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