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SunSirs: Refrigerant Market Prices Remained Steady

July 25 2022 11:07:06     SunSirs (John)

Price trend

According to the monitoring data of SunSirs, as of July 22, the average price of refrigerant R22 was 16,833.33 RMB/ton, which was the same as the price at the beginning of the week and increased by 3.06% compared with the same period last year.

According to the monitoring data of SunSirs, as of July 22, the average price of refrigerant R134a was 21,833.33 RMB/ton, which was the same as the price at the beginning of the week and increased by 3.97% compared with the same period last year.

Analysis review

This week, the refrigerant R22 remained stable as a whole, and most of the quotations of enterprises remained stable. The price of the raw material chloroform continued to fall within the month and stabilized this week as a whole; the decline of hydrofluoric acid stabilized this week, and the cost of raw materials remained weak and stabilized. The overall downstream had a strong wait-and-see attitude, and it was difficult for refrigerant companies to ship.

Since July, the overall price of upstream raw material hydrofluoric acid has been weak and stable. Summer is the traditional peak season for refrigerant demand. The downstream demand has played a certain role in supporting the domestic R134a market price. This week, the domestic R134a market price remained stable as a whole.

In terms of raw materials, the domestic hydrofluoric acid price trend was generally stable this week, the cost was weak and stable, and the domestic R134a market price was supported by the bottom.

Market outlook

Refrigerant analysts of SunSirs believe that the overall cost of raw materials has stabilized. Under the support of costs, domestic refrigerant prices have remained stable this week. In the short term, the domestic prices of R22 and R134a will continue to follow the cost at the current level and slightly consolidate.

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