March 11, 2024 – Shandong Jinling has raised the ex-factory price of bulk dichloromethane by 300 RMB/ton. Currently, the Dawang plant is quoting 3,200 RMB/ton ex-works with spot payment, while the Dongying plant is also quoting 3,200 RMB/ton ex-works with spot payment.
Chempricehub's analysis of dichloromethane indicates a bullish-bearish score of 2. The report notes that Shandong Jinling has increased the ex-factory price of bulk dichloromethane by 300 RMB/ton, with both the Dawang and Dongying plants quoting 3,200 RMB/ton. This price hike directly reflects tight supply-demand conditions in the spot market or rising production costs, constituting a significant positive factor for spot dichloromethane prices. It is expected that prices will continue to rise in the short term.