Price trend

According to the Commodity Market Analysis System of SunSirs, as of August 11th, the average price of refrigerant R22 was 21,266.67 RMB/ton, which was generally unchanged from the beginning of the month and increased by 25.10% compared to the same period last year.

According to the Commodity Market Analysis System of SunSirs, as of August 1st, the average price of refrigerant R134a was 24,766.67 RMB/ton, which was the same as the beginning of the month and an increase of 8.47% compared to the same period last year.

Analysis review

As of August 11th, the domestic price of chloroform slightly decreased, with a 3.03% drop during the month. The overall price of hydrofluoric acid remained stable and moving forward, while raw material prices fell again. The summer refrigerant demand peak season had caused enterprises to maintain a positive attitude towards prices. In addition, the quota had not yet been implemented, the long short gamed, and the domestic refrigerant R22 market was stable and forward overall this week.

As of August 11th, the domestic price of trichloroethylene continued to operate at a low level, while the price of hydrofluoric acid remained stable at the bottom and moved forward. The raw material price remained low, and supported by the rigid demand for refrigerants in the summer, enterprises hada strong mentality of price supporting. This week, the domestic market price of R134a continued to remain stable and move forward.

In terms of raw materials, the domestic hydrofluoric acid prices continued to be weaker, and the raw material prices continued to be low. In the future, the domestic refrigerant market prices will continue to be under pressure as a whole.

Market outlook

SunSirs refrigerant analysts believe that raw material prices continued to fluctuate at low levels, the market inventory was low overall, and downstream rigid demand remained unchange. Enterprises hada strong attitude towards price supporting, and the refrigerant market was in a long short game. It is expected that in the short term, the prices of domestic refrigerants R22 and R134a will continue to fluctuate slightly forward at the current level.

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.