SunSirs: Refrigerant Market Prices Kept Moving Forward Steady (January 9-13)

Price trend

According to the monitoring data of SunSirs, as of January 13, the average price of refrigerant R22 was 18,333.33 RMB/ton, which was the same as the price at the beginning of the month and increased by 2.23% compared with the same period last year.

According to the monitoring data of SunSirs, as of January 13, the average price of refrigerant R134a was 24,500.00 RMB/ton, which was the same as the price at the beginning of the month and 37.38% higher than the same period last year.

Analysis review

After the New Year's Day, the price of domestic refrigerant R22 remained stable and the prices quoted by enterprises remained stable. As of January 13, the price of raw material trichloromethane rose slightly by 2.2% in the month, while the price of hydrofluoric acid fell by 10.29% after a rise to a high level. The raw material cost fluctuated slightly and operated weakly. Affected by the imminent suspension of logistics at the end of the year, the refrigerant trade turned weak as a whole, and the market price remained stable as a whole.

After the New Year's Day, as of January 13, the price of hydrofluoric acid, the upstream raw material, fell by 10.29% after rose to a high level in the month, and the price of trichloroethylene continued to be weak. Affected by the basic stop of trade at the end of the year, the price of domestic refrigerant R134a continued to move steadily this week, and the continued decline in cost will form a certain pressure on the price of refrigerant R134a in the future.

In terms of raw materials, after the New Year's Day, the domestic hydrofluoric acid price trend rose to a high level and then fell back as a whole, and the continuous downward adjustment of raw material cost will suppress the domestic R134a price in the future.

Market outlook

Refrigerant analysts of SunSirs believe that the market trade is gradually weakening before the festival, and the domestic refrigerant market price will continue to operate steadily. The refrigerant market price in the future will be under pressure overall due to the continuous decline of raw material costs.

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