Market sentiment improved, with the market center shifting upward.

1. Daily Summary

2. On October 23: The market focused on the potential escalation of US-Iran conflicts and the risk of continued Houthi attacks on Saudi energy facilities, driving up international crude oil prices. NYMEX December crude oil futures rose by USD 3.80/barrel to USD 103.27, a week-on-week increase of +3.82%. ICE Brent December futures rose by USD 3.55/barrel to USD 116.72, a week-on-week increase of +3.14%. China INE December 2026 crude oil futures rose by CNY 15 to CNY 717/barrel in the day session and increased by CNY 27.4 to CNY 744.4/barrel in the night session.

3. On October 26: Domestic liquid chlorine prices were adjusted upward to CNY 300/ton today.

4. Spot Market Overview

Table 1: Domestic Dichloromethane Price Summary (Unit: CNY/ton)

Using the Shandong region as a benchmark, dichloromethane prices in Shandong closed at CNY 2950/ton today (range: CNY 2950–2950/ton), representing an increase from the previous working day. The overall price center for domestic dichloromethane shifted upward today. Rising methanol feedstock prices provided cost-side support to market sentiment. Coupled with low inventory pressure at some enterprises, suppliers flexibly adjusted their offers based on shipment volumes and inventory levels. Downstream buyers and traders adopted a "buy when prices rise" strategy, resulting in moderate trading activity.

3. Production Dynamics

The capacity utilization rate for methane chlorides stood at 67.94%. Gansu Juhua has commenced production, and its capacity and output have been included in the statistics. Regarding costs and profits, upstream liquid chlorine prices rose today while methanol prices remained stable, leading to an increase in the theoretical cost of methane chlorides. Based on calculations using externally sourced liquid chlorine, the daily profit margin for methane chlorides was CNY 223/ton.

4. Price Forecast

Current methanol feedstock prices continue to rise, boosting market sentiment for dichloromethane via cost support. Downstream users and traders are appropriately replenishing inventories, increasing trading enthusiasm. Inventory pressure for dichloromethane producers has decreased, with some facing no inventory burden. Supported by these factors, domestic dichloromethane markets are expected to retain some upside potential. Attention should be paid to subsequent changes in market news.

5. Related Product Status

Refrigerant Market: Using the bulk water market in East China as a benchmark, major fluorocarbon refrigerant R32 plants maintained high prices through volume control. As of press time, mainstream large-scale manufacturers in East China offered reference prices of CNY 65,500/ton (coordinated domestic and export pricing). Mainstream market offers in East China ranged from CNY 63,500 to CNY 64,500/ton, aligning with morning expectations. Market intelligence indicates that inquiries in the channel bulk market remain passively long-term, with fixed supply guarantees for original equipment manufacturers (OEMs). Quarterly long-term agreement negotiations among major commercial entities are ongoing, awaiting final confirmation of actual orders. Small-package shipment frequency is slow; therefore, source factories are strictly controlling incremental spot supplies. Statistics show that the industry-wide operating load for fluorocarbon refrigerant R32 remains near 40%. Recently, factory production schedules and consumption forces have further contracted, with declining export volumes. Amid the high-level sideways trend of R32, channel stockholders are seeking opportunities to sell off inventories. There is little intention to purchase high-cost cargo, with buyers waiting for clear offer signals from mainstream large-scale manufacturers. Chempricehub predicts that short-term R32 prices will primarily be supported by volume control strategies, with contract pricing negotiated while monitoring industry unit dynamics and production scheduling rhythms.

6. Data Calendar

Table 2: Domestic Methane Chloride Data Overview (Unit: 10,000 tons)