March 9th Update: On March 9th, Shandong Jinling increased the ex-factory price of bulk dichloromethane by 500 RMB/ton compared to the previous working day. Currently, the Dawang plant offers 2,750 RMB/ton ex-factory with spot payment, while the Dongying plant also quotes 2,750 RMB/ton ex-factory with spot payment.
Chempricehub Analysis on Dichloromethane, Bull-Bear Score: 2
The ex-factory price of dichloromethane rose sharply by 500 RMB/ton compared to the previous working day, with both the Dawang and Dongying plants raising their offers to 2,750 RMB/ton. This indicates tight market supply or strong demand, constituting a significant positive factor for spot prices. The notable price increase reflects an improvement in short-term fundamentals, likely driven by rising raw material costs or downstream demand pull. It is expected that the spot market will maintain its strong momentum.