January 7th News
On January 7th, Shandong Jinling raised the ex-factory price of methylene chloride bulk water by 50 yuan/ton. Currently, the ex-factory cash payment price at the Dawang plant is 1,700 yuan/ton, and at the Dongying plant, it is also 1,700 yuan/ton.
Chempricehub Analysis of Methylene Chlority:
Bull-Bear Score: 1
Shandong Jinling increased the ex-factory price of methylene chloride by 50 yuan/ton to 1,700 yuan/ton, indicating tightening supply or strengthening demand in the spot market, which is favorable for spot prices. The factory's proactive price hike reflects improved industry confidence and may drive an overall rise in the spot market. However, the increase is relatively small, representing a moderate positive impact.