1、 Price trend

According to the price monitoring of business agency, the price of domestic refrigerant R134a rose slightly in the second half of December. On December 16, the average ex factory price of mainstream manufacturers was 23000, and the average price at the end of the month (27 days) was 23166.67 tons, an increase of 0.72%. On December 27, the R134a commodity index was 84.76, the same as yesterday, 15.24% lower than the highest point of 100.00 points (2019-09-02), 82.93 points lower than the lowest point of November 12, 2019 Up 2.21%. (Note: cycle refers to 2019-09-01 to now).

2、 Market analysis

Product: R134a refrigerant market is up in the near future. At present, the demand for R134a in the automobile industry is back heated, and the starting rate of refrigerant R134a manufacturers is increased, but the market supply is still tight, while the market price of hydrofluoric acid at the raw material end is slightly increased, and the market is improved. The cost end of refrigerant R134a is strongly supported, and the price trend is upward. As of December 27, the quotation of Quzhou Jiuzhou chemical R134a is 21500 yuan / ton, Zhejiang lengwang technology R134a is 22500 yuan / ton, Yuemei chemical R134a is 23000 yuan / ton, Longxun trade R134a is 21500 yuan / ton, Yumei chemical R134a is 23000 yuan / ton, blue planet R134a is 25000 yuan / ton, and the price is concentrated in 21500 yuan / ton – 25000 yuan / ton.

Industry chain: the price trend of domestic hydrofluoric acid and hydrofluoric acid of upstream products is rising. In the near future, the factory in the field is generally in good condition, and the spot supply in the field is normal. The terminal and air-conditioning market are weak in purchase and sale, the inventory in the field is acceptable, the construction is insufficient, the automobile industry is preparing goods for temperature return, and the refrigerant R134a price is favorable.

Industry: according to the price monitoring of the business agency, in the 51st week of 2019 (12.23-12.27), there are 22 kinds of commodities in the list of commodity price rise and fall in the chemical industry sector, including 1 kind of commodity with an increase of more than 5%, accounting for 1.2% of the number of commodities monitored in the sector; the top three commodities are respectively trichloromethane (10.53%), epichlorohydrin (4.42%) and propane (3.82%). There are 21 kinds of commodities falling on a month on month basis, and one kind of commodities falling by more than 5%, accounting for 1.2% of the number of commodities monitored in this sector; the top three products falling are sulfur (- 5.63%), phosphate rock (- 3.20%), lithium carbonate (- 3.06%). This week’s average was 0.11%.

3、 Future forecast

According to the refrigerant analyst of Business Club: in the near future, the demand for refrigerant R134a in the automobile industry for stock has been warmed up, the market price of hydrofluoric acid at the raw material end has increased slightly, the support of the cost end and demand end of refrigerant R134a has been strengthened, and the operating rate of refrigerant R134a manufacturers has increased, but the market supply is still tight, and it is expected that the price of refrigerant R134a will continue to rise in the short term.