April 16th News — On April 16th, Shandong Jinling reduced the ex-factory price of bulk dichloromethane by 100 yuan/ton. Currently, the Dawang plant offers 2560 yuan/ton ex-works with spot payment, while the Dongying plant offers 2540 yuan/ton ex-works with spot payment.
Chempricehub Analysis on Dichloromethane, Bull-Bear Score: -1
Shandong Jinling has lowered the ex-factory price of dichloromethane by 100 yuan/ton, with the Dawang plant quoting 2560 yuan/ton and the Dongying plant quoting 2540 yuan/ton. This indicates that suppliers are proactively reducing prices, reflecting an oversupply or weak demand in the market, which exerts downward pressure on spot prices. It is expected that spot prices will face downward pressure in the short term, with bearish factors dominating market sentiment.
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