1、 Price trend
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According to the Commodity Market Analysis System of the Business Society, as of May 19th, the average price of refrigerant R22 was 20500.00 yuan/ton, which was generally unchanged from the beginning of the month and increased by 17.14% compared to the same period last year
According to the Commodity Market Analysis System of the Business Society, as of May 19th, the average price of refrigerant R134a was 25166.67 yuan/ton, a slight decrease of 0.66% compared to the beginning of the month price of 25333.33 yuan/ton, and an increase of 16.15% compared to the same period last year.
2、 Market analysis
As of May 19, the domestic price of chloroform continued to decline in a weak way, falling 10.64% in the month, and the price of hydrofluoric acid fell again, falling 2.36% in the month. The cost of raw materials continued to decline. The downstream trade entities were cautious in purchasing and selling. Supported by the arrival of the refrigerant peak season, the manufacturer’s quotation was relatively firm on the whole, and the domestic R22 market price was stable on the whole this week.
As of May 19th, the overall price of trichloroethylene in China has continued to operate at a low level, while the price of hydrofluoric acid has continued to decline weakly, with a decrease of 2.36% within the month. Upstream raw material prices have continued to decline weakly, and at the same time, due to the overall lack of downstream demand orders, enterprises have slightly lowered their factory prices. This week, the overall price of R134a in China has slightly adjusted.
In terms of raw materials, the domestic price of hydrofluoric acid continued to decline after a slight recovery. The cost of raw materials continued to fall under the low pressure system, and the overall price of the domestic refrigerant market will continue to bear pressure in the future.
3、 Future Market Forecast
According to the refrigerant analysts of the business community, the cost of raw materials continues to decline, the refrigerant market price is relatively high, and the overall downstream procurement is cautious. In the short term, under the pressure of cost, it is expected that the domestic R22 and R134a market prices will fall to varying degrees.
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