On February 10th, the ex-factory price of methylene chloride bulk water from Dongying Huatai was lowered, with the current quotation at 1,690 yuan/ton for plant pick-up with cash payment. PriceSeek's analysis of methylene chloride shows a bearish score of -1. The reduction in Dongying Huatai's ex-factory price for methylene chloride to 1,690 yuan/ton indicates ample market supply or weakened demand, exerting downward pressure on spot prices. This adjustment reflects the current weak sentiment in the spot market and may prompt other manufacturers to follow suit with price cuts, leading to further short-term price pressure.
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