Daily Summary
Nov 12: The outlook for US-Iran relations remains uncertain, and concerns over supply risks persist, driving international crude oil prices higher. NYMEX WTI futures (December contract) rose by $2.21/bbl to $88.74/bbl (+2.55% WoW); ICE Brent futures (January contract) increased by $3.06/bbl to $95.82/bbl (+3.30% WoW). In China, INE crude oil futures (SC2701 contract) fell by 11.8 yuan/bbl to 595.9 yuan/bbl during the day session, but rebounded by 14.6 yuan/bbl to 610.5 yuan/bbl in the night session.
Nov 13: Domestic liquid chlorine prices remained stable at 350 yuan/ton today.
Spot Market Overview
Table 1: Domestic Dichloromethane Price Summary (Unit: Yuan/Ton)
| Market | Specification | Nov 12 | Nov 13 | Change | % Change |
|---|---|---|---|---|---|
| Shandong | National Standard | 3100 | 3050 | -50 | -1.61% |
| East China | National Standard | 3225 | 3225 | 0 | 0.00% |
| South China | National Standard | 3300 | 3300 | 0 | 0.00% |
| Key Downstream Markets | |||||
| East China | R32 | 64000 | 64000 | 0 | 0.00% |
| Data Source: Chempricehub |
Based on the Shandong region as a benchmark, dichloromethane closed at 3050 yuan/ton (range: 3000–3100 yuan/ton) today, representing a decline from the previous trading day. The domestic dichloromethane market operated with weak volatility. Producers faced pressure to ship inventory and adjusted their quotes flexibly based on their own shipment rates and stock levels. Downstream users and traders maintained rigid procurement needs with limited willingness to place orders, leaving holders of goods to drive sales.
(Note: Image content regarding "Figure 1: 2022-2026 Domestic Dichloromethane Price Trend" and its source caption has been omitted per instructions.)
The capacity utilization rate for methane chlorides stood at 63.01%, unchanged from the previous trading day. Regarding cost and profit margins, upstream raw material prices for both liquid chlorine and methanol remained stable, keeping the theoretical cost of methane chlorides constant. Calculated based on externally sourced liquid chlorine, the daily profit margin for methane chlorides was 182 yuan/ton.
(Note: Image content regarding "Figure 2: 2025-2026 Domestic Methane Chloride Capacity Utilization Trend" and "Figure 3: 2024-2026 Domestic Dichloromethane Profit Trend" and their source captions have been omitted per instructions.)
Downstream users and traders maintain a bearish sentiment regarding the future market. Trading activity is sluggish, and wait-and-see attitudes are prevalent. Given the interplay of news factors, the domestic dichloromethane market is expected to continue operating primarily on a weak trend. Attention should be paid to subsequent changes in market news.
Refrigerant Market: Based on the bulk water market in East China, major fluorocarbon refrigerant R32 factories maintained firm quotes and controlled volumes to support prices. As of publication, mainstream large manufacturers in East China quoted around 65,500 yuan/ton (coordinated domestic and export pricing). Mainstream market quotes in East China ranged from 63,500–64,500 yuan/ton, consistent with morning expectations. Market intelligence indicates that inquiries for bulk channels have been passively low for an extended period, as bulk supplies are fixedly allocated to main OEMs. Shipment frequency for small packages has slowed. Consequently, source factories strictly control spot volume increases. Statistics show that the overall industry operating load for fluorocarbon refrigerant R32 remains near 40%. Recently, factory production schedules and consumption power have contracted further. Export volumes have rebounded, facilitating active destocking. With R32 prices hovering at high levels, channel holders are seeking opportunities to sell and reduce inventory. There is little intent to purchase high-cost inventory sources; buyers are waiting for clear pricing signals from mainstream large manufacturers. Chempricehub forecasts that short-term R32 strategies will focus on volume control to support prices, with negotiated contract pricing. Industry equipment dynamics and production scheduling rhythms remain key observation points.
Table 2: Domestic Methane Chloride Data Overview (Unit: Ten Thousand Tons)
| Indicator | Release Date | Previous Period | Current Period Trend Forecast |
|---|---|---|---|
| Weekly Capacity Utilization Rate | Thursday 16:00 PM | 69.85% | ↘ |
| Weekly Output | Thursday 16:00 PM | 6.55 | ↘ |
| Weekly Profit | Thursday 16:00 PM | 222 | ↘ |
| Data Source: Chempricehub Notes: 1. ↓↑ indicates significant fluctuation, highlighting data dimensions with changes exceeding 3%. 2. ↗↘ indicates narrow fluctuation, highlighting data dimensions with changes within 0–3%. |
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