January 4th News
On January 4th, Shandong Jinling reduced the price of chloroform by 100 yuan/ton. The price at the Dawang plant is set at 1,900 yuan/ton ex-factory with cash payment, while the price at the Dongying plant is also set at 1,900 yuan/ton.
Chempricehub Analysis of Chloroform, Bull-Bear Score: -1
Shandong Jinling has lowered the price of chloroform by 100 yuan/ton to 1,900 yuan/ton, indicating an increase in market supply or weak demand. In the short term, spot prices are expected to face downward pressure. The bearish factors stem from capacity expansion or insufficient terminal demand, and the spot market is projected to remain weak.