1、 Price trend
According to the commodity market analysis system of Business Society, the market price of tetrachloroethylene continued to rise in March, maintaining a high level of operation. On March 31st, the average price of tetrachloroethylene was 5155 yuan/ton, and on March 1st, the average price of tetrachloroethylene was 4800 yuan/ton, with a monthly increase of 7.29%.
2、 Analysis and Review
Tetrachloroethylene is currently operating at a high level, with mainstream factory quotes of 5050-5300 yuan/ton. Demand is stable, but supply is tight. According to customs data, the export volume of tetrachloroethylene in February was 1155.6 tons, a year-on-year decrease of about 14.5%, and there is no import situation. The market supply is tight, and distributors are closely following the increase of large factories.
The downstream refrigerant R125 market has implemented a price increase of 42000-45000 yuan/ton, up 4000 yuan/ton from the beginning of the month. The refrigerant market continued to soar in the first quarter and is currently operating at a high level, with a continuous supply-demand game. The mainstream refrigerant market is expected to continue to recover in April, with strong demand for production in May. The market shortage is expected to remain difficult to alleviate, and short-term growth is expected to slow down.
3、 Future Market Forecast
Business Society’s tetrachloroethylene analyst believes that downstream demand is improving, and the price of tetrachloroethylene is expected to maintain a high level of operation.
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