Since 2024, the domestic market for trichloromethane has seen a significant increase. According to the Commodity Market Analysis System of Business Society, as of March 5th, the price of trichloromethane bulk water in Shandong Province was 2666 yuan/ton, an increase of 28.82% from the beginning of the year’s 2070 yuan/ton.

The significant increase in the market for trichloromethane is mainly reflected in two stages before and after the Lunar New Year: mid to late January before the Spring Festival, and downstream is the peak season for winter storage and stocking after the holiday. There is a wave of purchases of trichloromethane, which drives up the price of trichloromethane; Since late February after the holiday, with the gradual increase in downstream refrigerant production and the low inventory of trichloromethane, the price of trichloromethane has risen again.

Since 2024, the domestic methane chloride production has fluctuated narrowly, with around 70% of domestic methane chloride production as of the end of February.

Since 2024, the prices of raw materials methanol and liquid chlorine have fluctuated and risen, supported by the cost of trichloromethane. According to the commodity market analysis system of Shengyishe, as of March 5th, the spot price of methanol was 2691 yuan/ton, an increase of 9.86% from 2450 yuan/ton at the beginning of the month; In January, the price of liquid chlorine tankers in Shandong region ranged from 100 to 300 yuan/ton. During the Spring Festival, the price dropped to 1 yuan/ton. As of March 5th, the price of liquid chlorine tankers in Shandong region was 400 yuan/ton, which is generally at a high level compared to the previous period.

The refrigerant market has rapidly rebounded after the holiday, with a significant increase in the production volume of air conditioning enterprises in March. It is expected that the production volume will be around 20-22 million units. In addition, the increase in export demand orders will provide strong support for the refrigerant market. In addition, due to the increase in HFC prices and another reduction in HCFC quotas next year, the R22 market will see a surge. After the holiday, the prices of refrigerants have risen and production has increased, providing strong support for demand in the face of trichloromethane.

Business Society methane chloride data analysts believe that the rising raw material prices have provided strong support for the cost of trichloromethane; The downstream refrigerant industry is still in the peak season of production, and the demand for trichloromethane will continue to support in the short term. Overall, the trichloromethane market will continue to maintain a high and strong trend in the short term.