Methylene Dichloride Prices, Price, Pricing | ChemAnalyst

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Methylene Dichloride Prices Overview
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Market Overview Quarterly Update on Global
Methylene Dichloride Market   For the Quarter
Ending December 2020   Asia   Methylene
Dichloride demand in Southeast Asia continued to
strengthen following increased number of
enquiries from buyers. In China too, demand for
the product was heard paving its way back but it
remained far below the pre-pandemic levels. Get
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ta/methylene-dichloride-1092
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Methylene Dichloride Prices Overview
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Although demand in India remained stale but the
prices witnessed a steep hike in the second half
of the quarter, buoyed by its delayed imports due
to congestion along several routes. Consequently,
Methylene Dichloride prices in India were
averaged at around USD 539 per MT in the quarter
ending December 2020. Supply remained sufficient
despite few turnarounds heard in China as
manufacturers refrained from mounting up
inventories to abate any hurt to their margins.
In Northeast Asia, plant operating rates remained
same throughout the quarter following no major
change observed in the product demand and supply
fundamentals.    North America   Since a
significant amount of Methylene Dichloride is
imported from Europe, several maintenance
turnarounds and unprecedented increase in the
freight charges limited the supply of Methylene
Dichloride in the North American market and led
to a steep increase in its prices during the
quarter. Demand also witnessed prominent recovery
from solvent and pharmaceutical applications but
still remained way below pre pandemic levels.
Container shortage exacerbated the supply crises
in the region and consequently laid a direct
influence on its prices. However, traders
remained optimistic that the supply imbalance
would surely reduce by the end of
February.   Europe   Supply of Methylene
Dichloride in the European market remained tight
in Q4 following appreciable recovery in demand
against several production issues in the first
half of the quarter ending December. Increase in
freight rates and high feedstock cost
considerably affected the supply from its major
exporter-China. Olin Corporation announced a
maintenance turnaround at its Europe plant in
December which further tightened the domestic
supply for few months. Demand for Methylene
Dichloride witnessed a substantial recovery in
the second half of 2020 backed by its increased
consumption from the pharmaceutical industry. 
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Methylene Dichloride Prices Overview
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• Methodology
• ChemAnalyst gathers information through primary
  research surveys conducted with various Methylene
  Dichloride manufacturers, spread across
  the domestic and international market, suppliers
  and dealers/distributors to gain insights
  into value-chains and demand-supply scenario to
  assess the market situation. Thorough study of
  companys annual reports and secondary sources
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  in chronological order to depict a meaningful and
  clear picture of the concerned market.
•  
• Our dedicated team of industry experts
  comprehensively monitors and analyzes various
  aspects of the Global Methylene Dichloride
  market. The team analyzes various industrial
  segments, strategic viewpoints and provides an
  analysis of the industrys performance in the
  long run. This would enable our clients in
  efficiently plan their future investments,
  mitigate risk, understand the cost dynamics and
  strike out a balance amidst market volatility.
•  
• Critical examination of the impact of COVID-19
  pandemic on the global supply chains and shift in
  demand patterns with change in buying behavior of
  consumers across the globe.

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Methylene Dichloride Prices Overview
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• Several ongoing development projects across
  industries are tracked, followed by the details
  of major projects in the development stage, which
  can positively or negatively influence Global
  Methylene Dichloride market.
•  
• Pricing is captured through exhaustive primary
  interviews with domestic and international
  manufacturers, traders and importers and
  customers on weekly, monthly and yearly basis.
•  
• Finally, region-specific markets for Methylene
  Dichloride are analyzed and region-wise demand
  pattern is tracked.
• About
• Methylene Dichloride is also known as
  dichloromethane or chlorinated carbon is a
  colorless and slightly sweet, scented solvent
  which is widely utilized as an industrial solvent
  and also as a strong paint thinner and paint
  stripper. The product is not miscible with water,
  but it is polar in nature and miscible with
  several other organic solvents. The compound is
  produced via chlorination of Methane where
  several other derivatives could be formed in the
  method. In the process, cyclohexane, propylene
  and 2-methyl-2-betene are used as stabilizers.
  The purity of various products formed is largely
  based on the extent of chlorination and content
  of hydrocarbons in the reaction. Methylene
  Dichloride is conventionally retrieved from
  extraction process. The compound exists in stable
  form when dry but possesses high affinity to
  water thus hydrolyses under its presence.