Chloroform Prices: In the second quarter of 2023 | ChemAnalyst
For the Quarter Ending June 2023 North America In Q2 2023, the demand fundamentals of Chloroform in the North American market plunged with sluggish market fundamentals. In the USA, the surge in export volume from the USA to Mexico and the South American market in the past few months to cope with the tightening arbitrage supplies resulted in adequate product availability. There was less spot cargo demand, and the manufacturer mainly executed the pre-contract orders. In terms of the feedstock market, Methanol also faced a Southward price trend with lackluster demand and feeble purchasing interest among the traders. Regional economic sluggishness from the downstream refrigerant industries resulted in weak Chloroform margins. The demand for Chloroform from the downstream R-22 refrigerant industries remains limited, with lower requirements for fresh stocks. In June 2023, the price of Chloroform in the US declined to USD 556/ton FOB Texas. The Chloroform market trended lowe...