SunSirs: The price of Refrigerant R134a Fell on May 9
May 10 2022 15:10:17 SunSirs (John)
Price trend
According to the data monitoring map of SunSirs, on May 9, the price of refrigerant R134a was 23,666.67 RMB/ton, down 2.07% from the previous day and up 4.72% year-on-year.
Analysis review
The price of raw material hydrofluoric acid was temporarily stable, the price of trichloroethylene dropped sharply, and the cost support had dropped sharply. Moreover, the market transaction was still flat, the logistics had not fully recovered, and the company mainly reduced the price to reduce the inventory, and the actual transaction was lower than the offer. As of the 9th, the price of raw material hydrofluoric acid was about 11,720 RMB/ton, and the market quotation of R134a was mostly in the range of 20,000-26,000 RMB/ton, and the actual transaction was lower than the quotation.
Market outlook
It is expected that R134a will be stable with some decline in the short term.
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