The MC market is expected to operate strongly in the short term
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Recently, the price of dichloromethane has entered a fast lane of increase, reaching a new high for the year.
As of today, the average price of MC has increased by more than 25% compared to the beginning of the year.
The main reasons for the rapid growth are the reduction of production, the increasing price in raw material, and the lack of inventory by traders.
Since entering the fourth quarter, manufacturers have started to reduce production for maintenance. After experiencing a sharp rise and fall in October, several manufacturers is in the maintenance period for their equipment.