1、 Price trend
According to the Commodity Market Analysis System of Business Society, the domestic tetrachloroethylene market saw a narrow increase this week (3.18-3.24). The average market price at the beginning of the week is 5050 yuan/ton, and the average weekend price is 5087 yuan/ton, with a weekly increase of 0.74%.
2、 Analysis and Review
Within this week, large tetrachloroethylene factories slightly increased their prices. 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 were no imports. The market supply was tight, and distributors closely followed the increase of large factories. The mainstream quotation for downstream refrigerant R125 is 45000-48000 yuan/ton, and the manufacturer’s attitude of price support is maintained, and the supply-demand game continues.
3、 Future Market Forecast
Business Society’s tetrachloroethylene analyst believes that with the support of supply and demand, it is expected that the price of vinyl chloride will continue to rise this Thursday.
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