Price Trend

According to a large number of data monitored by business associations, the domestic R22 ex-factory price fell slightly this week. As of the end of the week (23 days), the price was 17,000 yuan/ton, which was 17,266.67 yuan/ton compared with the beginning of the week (19 days). Within the week, the price fell by 1.54%, which was 8.11% compared with the same period last year.

According to a large number of data monitored by business associations, domestic R134a factory price slightly declined this week. As of the end of the week (23 days), the price was 27666.67 yuan/ton, which was 27833.33 yuan/ton compared with the beginning of the week (19 days). Within the week, the price fell by 0.6%, which was 5.68% compared with the same period last year.

II. Market Analysis

Products: Recent terminal downstream refrigerant market trading market is general, the focus of market negotiations is low hovering. Domestic refrigerant R22 market shocks down, production enterprises start at a low level, the pressure of goods is high, downstream weakness continues, traders are pessimistic, take goods cold, basically on demand, domestic large enterprises maintain prices of 16,000-18,000 yuan/ton level. Domestic refrigerant R134a market demand is sluggish, prices continue to decline, the start of production enterprises is stable, the supply of goods in the market is stable, downstream demand is weak, manufacturers are forced by the pressure of shipment, the phenomenon of profit delivery is obvious, but the on-site market is general, businesses purchase on demand, the price of domestic large enterprises maintains 25500-28000 yuan/ton level. At the end of the peak refrigerant season, the demand downstream of the terminal has only decreased but not increased, and the market as a whole remains weak.

Industry chain: The price trend of anhydrous hydrofluoric acid in upstream products has continued to decline, and the situation of manufacturers in the field has not improved significantly in the near future. Hydrofluoric acid plant has maintained a high start-up rate, domestic spot supply is sufficient, and 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 10,000-11,000 yuan/ton, and in the northern city. The market price of hydrofluoric acid ranges from 10500 to 11500 yuan/ton. The upstream products have a tight spot supply in the domestic trichloromethane market. Influenced 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, and the overall market is weak. Downstream demand performance is more weak, market negotiation enthusiasm is weak, wait-and-see atmosphere is strong, basic on-demand procurement.

3. Future Market Forecast

Business Cooperative Refrigerant Analysts believe that the current peak refrigerant season has passed, major air-conditioning manufacturers have entered the maintenance stage, the demand for refrigerants has only decreased, while the price of hydrofluoric acid at the raw material end is weak to support refrigerants, and the refrigerant market is expected to weaken in the short term.