Price Trend

According to the price monitoring of business associations, the domestic refrigerant R22 factory price continued to fall this week. On August 09, the average price quoted by mainstream manufacturers was 17266.67 yuan/ton, which was 1.89% lower than the average price of 17600 yuan/ton at the beginning of the week (5 days), and 6.67% lower than the same period last year.

II. Market Analysis

Products: In early August, major air-conditioning manufacturers have carried out phased maintenance, the overall demand for refrigerants has declined. At present, refrigerant enterprises start smoothly, there is sufficient supply of goods on the site, the market atmosphere is cold, enterprises have certain pressure on shipment. The impact of falling prices of hydrofluoric acid and trichloromethane on the market raw materials has insufficient support on the cost side of refrigerants, resulting in negative results. The overall shipment of manufacturers is light, and local inventory is under pressure. The shipment rate of enterprises such as sub-packaging, trade and so on has slowed down and stocks are in hand, and the risk aversion mood still exists. According to the data monitoring of business associations, as of August 09, the price of Zhejiang Juhua Co., Ltd. was 17 800 yuan/ton, Quzhou Jiuzhou Chemical Co., Ltd. was 16 000 yuan/ton, Shandong Yue’an New Materials Co., Ltd. was 18 000 yuan/ton, Zhejiang Lengwang Science and Technology Co., Ltd. was 17 000 yuan/ton, and Hunan Longxun Trade Co., Ltd. Our price is 15 500 yuan/ton.

Industry chain: The price trend of anhydrous hydrofluoric acid of upstream products has been declining continuously. In the near future, the market situation of manufacturers has not improved significantly. Domestic spot supply is sufficient. Some manufacturers have lowered their ex-factory prices. By the end of the weekend, the mainstream of hydrofluoric acid negotiations in the southern region is 10500-11500 yuan/ton, and the price of hydrofluoric acid in the northern market is 11000-11500 yuan/ton. 。 The upstream product domestic trichloromethane market overall spot supply is tight, affected by the low start of refrigerant market, the demand for trichloromethane is not good, the market negotiation enthusiasm is weak, the wait-and-see atmosphere is strong, basic on-demand procurement, coupled with the typhoon rainy weather, logistics and transportation in some areas are limited recently, and the arrival of goods is limited. Definitely difficult, the overall market is weak.

3. Future Market Forecast

Business Cooperative Refrigerant Analysts believe that the end of the current refrigerant R22 peak season, demand decline, the market supply exceeds demand situation continued to play, in general, future refrigerant R22 will continue to decline.