1、 Price trend
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According to the Commodity Market Analysis System of the Business Society, as of April 14th, the average price of refrigerant R22 was 20666.67.00 yuan/ton, a decrease of 0.80% from the beginning of the month’s price of 20833.33 yuan/ton, and an increase of 16.98% compared to the same period last year
According to the Commodity Market Analysis System of the Business Society, as of April 14th, the average price of refrigerant R134a was 25333.33 yuan/ton, a decrease of 0.65% compared to the initial price of 25500.00 yuan/ton at the beginning of the month and an increase of 2.70% compared to the same period last year.
2、 Market analysis
As of April 14th, the price of upstream trichloromethane fell by 5.61% during the month, while the price of hydrofluoric acid increased by 5.69%. In March, the price of trichloromethane raw materials surged and fell significantly, but this week saw a slight rebound. Although the price of hydrofluoric acid has slightly rebounded, it is still at a relatively low level overall. Lower costs have formed a certain pressure on refrigerant prices. Due to the arrival of the refrigerant peak season and the need for support, the price of refrigerant R22 has slightly weakened this week.
In April, the domestic price of trichloroethylene continued to decline, and although the price of hydrofluoric acid has slightly rebounded, it is still at a relatively low level overall. The cost of R134a raw materials has weakened due to the fluctuation, and under cost suppression, the domestic price of R134a has slightly weakened this week.
In terms of raw materials, the domestic price of hydrofluoric acid has bottomed out and slightly rebounded. Overall, the price of hydrofluoric acid is still at a relatively low level. The bottoming out and rebound of hydrofluoric acid prices, coupled with the support of summer refrigerant demand, will provide some support for domestic refrigerant prices in the future.
3、 Future Market Forecast
Refrigerant analysts from Business Society believe that in the short term, with the fluctuation of raw material costs and a low-pressure system, the prices of domestic refrigerants R22 and R134a will still have some room for decline. Supported by the peak demand season for refrigerants, the overall price decline space for R22 and R134a is limited.
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