SunSirs: Refrigerant Market Price was Weak in December

1、 Price trend

According to the monitoring data of the SunSirs, as of December 29, the average price of refrigerant R22 was 18333.33 RMB/ton, 0.90% lower than the price of 18500.00 RMB/ton at the beginning of the month, and 1.85% higher than the same period last year

According to the monitoring data of the SunSirs, as of December 29, the average price of refrigerant R134a was 24500.00 RMB/ton, down 3.29% from the price of 25333.33 RMB/ton at the beginning of the month, and down 20.97% from the same period last year.

2、 Market analysis

In December, the price of domestic refrigerant R22 was generally weak and stable. Pressed by the continuous weakness of upstream raw material prices in November, the prices quoted by enterprises decreased slightly in December. The overall price decline of raw material trichloromethane stabilized in the month, with a small drop of 4.23% in the month. The price of hydrofluoric acid fell again, with a 1.8% drop in the month. The cost of raw materials continued to be weak. The domestic refrigerant R22 market price continued to bear pressure and adjusted slightly. Supported by the overall low inventory of enterprises at the end of the year, the overall domestic R22 market price was weak and stabilized in December.

In December, the domestic price of trichloroethylene continued to be weak, with a decline of about 9% in the month. The price of hydrofluoric acid dropped slightly, with an overall decline of 1.8% in the month. The cost of raw materials fell again. In addition, the demand for refrigerants in winter was light. The overall downstream purchase and sales were cautious, and the cost was suppressed. In November, the domestic price of refrigerant R134a was stable, moderate and weak.

In December, The domestic hydrofluoric acid price has risen and fallen slightly, and the rising and falling raw material price will suppress the future refrigerant R134a price to a certain extent.

3、 Future market forecast

Refrigerant analysts from the business community believe that in December, the price of refrigerant upstream raw materials remained weak, the cost of raw materials fell again, and the demand for refrigerant in winter was light. Under the pressure of cost and demand, the price of domestic refrigerant R22 and R134a will continue to be dominated by stable, moderate and weak operation under pressure in the short term.

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