Dichloromethane will continue to show a downward trend
The recent rise in the dichloromethane market has not continued, but has turned downward. According to the financial report, as of August 21, the average price of dichloromethane was 2,660 yuan/ton, a weekly decline of 5%.
Affected by the slight increase in raw material costs, the price of dichloromethane rose from a high level last week. As of August 21, the mainstream ex-factory price of dichloromethane was around 2,620-2,700 yuan/ton. The main use of dichloromethane is solvent. At present, the market is in a wait-and-see mood and the market transaction atmosphere is weak. China's dichloromethane exports in July were 6,145.31 tons, down 51.8% from June. Foreign trade demand has weakened and domestic inventory has accumulated.
Due to weak demand and high corporate inventory, short-term prices have weakened slightly. Friends who have a need to purchase dichloromethane recently, don't miss this opportunity.