February 24th News
On February 24th, Shandong Jinling reduced the ex-factory price of methylene chloride bulk water by 30 yuan/ton. Currently, the Dawang plant offers 1,620 yuan/ton ex-works with cash payment, while the Dongying plant offers 1,600 yuan/ton ex-works with cash payment.
Chempricehub Analysis of Methylene Chlority:
Bull-Bear Score: -1
The article indicates that Shandong Jinling has lowered the ex-factory price of methylene chloride by 30 yuan/ton, with prices at the Dawang and Dongying plants dropping to 1,620 yuan/ton and 1,600 yuan/ton ex-works with cash payment, respectively. This directly reflects ample market supply or weak demand, leading to downward pressure on spot prices. The price reduction of approximately 1.85%, though not drastic, exhibits strong sustainability and may trigger chain reactions, such as inventory accumulation and downstream procurement hesitation, further suppressing spot market conditions. Therefore, a generally bearish score is assigned, and it is recommended to monitor subsequent changes in supply and demand.