Price trend

According to the Commodity Market Analysis System of SunSirs, as of July 7th, the average price of refrigerant R22 was 20,433.33 RMB/ton, which was generally unchanged from the beginning of the month and increased by 21.39% compared to the same period last year.

According to the Commodity Market Analysis System of SunSirs, as of July 7th, the average price of refrigerant R134a was 24,600.00 RMB/ton, a decrease of 1.34% compared to the beginning of the month price of 24,933.33 RMB/ton, and an increase of 13.54% compared to the same period last year.

Analysis review

As of July 7, the domestic chloroform price continued to decline, falling 7.41% in the month. The price of hydrofluoric acid was stable and weaker, falling 0.74% in the month. The price of upstream raw materials continued to be weaker. Supported by the peak demand season for refrigerants in summer, the manufacturers' attitude of price support remained unchanged. The refrigerant R22 market price continued to move forward steadily this week.

As of July 7, the domestic trichloroethylene price continued to operate at a low level, while the hydrofluoric acid price was stable and weaker, falling by 0.74% in the month. The upstream raw material price continued to be weaker. In addition, the demand for R134a was less than expected, some manufacturers slightly reduced the ex factory price, driving domestic R134a prices being stable and weaker overall.

In terms of raw materials, the domestic hydrofluoric acid prices continued to be low and weaker, and the rebound of domestic refrigerant market prices in the future will be under pressure.

Market outlook

Refrigerant analysts from SunSirs believe that summer is the peak season for traditional refrigerants, and manufacturers had a strong price attitude. The upstream raw material prices of refrigerants continued to be weaker and downward, and the overall demand for R134a in the domestic refrigerant market was less than expected. The supply-demand game in the domestic refrigerant market was relatively fierce, and in the short term, the domestic R22 market price will continue to fluctuate slightly at the current level. R134a prices will mainly be stable and weaker under pressure overall.

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