Price trend

According to the Commodity Market Analysis System of SunSirs, as of June 16th, the average price of refrigerant R22 was 20,500.00 RMB/ton, which was unchanged from the beginning of the month and increased by 20.59% compared to the same period last year.

According to the Commodity Market Analysis System of SunSirs, as of June 16, the average price of refrigerant R134a was 25,166.67 RMB/ton, which was unchanged from the beginning of the month and increased by 19.84% compared to the same period last year.

Analysis review

As of June 16, the price of chloroform fell 8.79% in the month, and the price of hydrofluoric acid dropped 0.29% slightly. The continued weakness of upstream raw material prices will have a certain effect on the price of R22 market in the future. Supported by the fact that summer is the peak season for refrigerant demand, the manufacturer's offer was temporarily stable this week.

In the middle of June, the overall price of trichloroethylene was stable, the price of hydrofluoric acid fell slightly by 0.29%, and the price of raw materials was stable and weaker. Supported by the peak demand season for refrigerant in summer, the price offered by the manufacturer was temporarily stable this week.

In terms of raw materials, overall, the domestic price of hydrofluoric acid was still at a low level, and the continued weakness of raw material costs will further suppress the domestic refrigerant market prices in the future.

Market outlook

SunSirs refrigerant analysts believe that as the weather gradually heated up, the domestic refrigerant industry as a whole had entered the production off-season and demand peak season. The overall supply and demand game in the market was relatively fierce, and due to the continuous decline in raw material costs, the overall domestic R22 and R134a prices will be under pressure in the short term.

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