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SunSirs: The Price of Refrigerant R22 Rose Steadily in the First Half of January (January 1-15)

January 16 2020 13:51:11     SunSirs (John)

Price trend

According to the data of SunSirs, the average price of mainstream manufacturers on January 1 was 17,333.33 RMB/ton, and the average price on the middle of the month (January 15) was 18,166.67 RMB/ton, up 4.87% in half a month. The R22 commodity index on January 14 was 109.00, an increase of 2 points from the previous day, a record high in the cycle, and an increase of 30.70% from the low of 83.40 on October 14, 2019. (Note: The period refers to 2019-09-01 to now)


Analysis review   

Product: The R22 price of the refrigerant market went up in January. At present, the market price of hydrofluoric acid and chloroform in raw materials is relatively stable. Local areas support the refrigerant R22 according to their own adjustments. The terminal air-conditioning industry maintains demand, flat trading, and lack of business confidence. Currently, there is limited supply of refrigerant R22 in the market, which is good for the price of refrigerant R22. As of January 15, the average price of refrigerant R22 was around RMB 18,166.67 per ton, and most of the quotations were concentrated around RMB 17,500 / ton to RMB 18,500 / ton, with refrigerant R22 at a high level.

Industry chain: The domestic price of domestic hydrofluoric acid for the upstream products has been temporarily stable this month, and the recent market situation of manufacturers taking goods is normal, and the spot supply in the market is normal. The upstream product chloroform is currently in the traditional off-season, and the company's inventory is low, but it still cannot prevent the weak operation of chloroform. Terminal air-conditioning manufacturers started at a low level and demand was average.

Industry : According to the price monitoring of SunSirs, on January 14, 2020, there are 9 kinds of commodities rising month on month in the chemical sector of the list of rise and fall of bulk commodity prices, among which the to p three commodities are acetone (4.08%), R22 (1.87%) and polyformaldehyde (1.86%). There are 14 kinds of commodities with a decline month on month, and the top three products are propane (- 2.50%), ammonium chloride (- 1.56%) and mixed xylene (- 1.22%). The average rise and fall of this day is 0.01%.


Market outlook

According to the refrigerant analyst of SunSirs, at present, the supply of refrigerant R22 is still tight, and the enterprise's orders are limited. Near the end of the year, the logistics is shut down one after another, and the factory is off in advance. It is expected that the trend of refrigerant R22 will be consolidated in the short term.


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