According to the monitoring of SunSirs, the price of chloroform in Shandong was 2,925 RMB/ton on the 10th, down 1.76% from the previous day.
On the one hand, the high temperature weather is about to pass, the domestic refrigerant market is mainly weak, domestic sales and foreign trade are unsatisfactory, the demand for refrigerants is weak, the purchase of chloroform is weak, and the demand is weak.
On the other hand, after the previous decline in the price of chloroform, the risk of chloroform’s decline has been greatly released, and the recent decline has gradually narrowed. In addition, the price of raw material liquid chlorine has rebounded slightly, and the cost side has stopped falling. In the short term, chloroform has signs of stabilization.
SunSirs analysts believe that the cost side has stopped falling and rebounded slightly, but the demand side is still weak. It is expected that the chloroform market will be weak and consolidate within a narrow range in the later period.