April 20th — On April 20th, Chongqing Tianyuan reduced the price of chloroform by 200 yuan/ton to 2,800 yuan/ton ex-factory cash payment. Chempricehub's analysis of chloroform, with a long-short score of -1: Chongqing Tianyuan's price cut of 200 yuan/ton for chloroform to 2,800 yuan/ton indicates ample market supply or weak demand, putting downward pressure on spot prices. This event reflects intensified industry competition or rising inventory pressure, exerting a generally bearish impact on the spot market and potentially suppressing short-term price rebounds.
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