SunSirs: Refrigerant Prices Remained Stable and Moved Forward (November 13-17)

Price trend

According to the Commodity Market Analysis System of SunSirs, as of November 17th, the average price of refrigerant R22 was 21,600.00 RMB/ton, a decrease of 0.77% from the beginning of the month's price of 21,766.67 RMB/ton, and an increase of 17.18% compared to the same period last year.

According to the Commodity Market Analysis System of SunSirs, as of November 17, the average price of refrigerant R134a was 27,666.67 RMB/ton, a decrease of 0.60% from the beginning of the month price of 27,833.33 RMB/ton, and an increase of 9.21% compared to the same period last year.

Analysis review

This week, the domestic hydrofluoric acid price remained stable overall, raw material prices fluctuated at relatively high levels, downstream demand was cautious, and market supply and demand remained stable. This week, the domestic refrigerant R22 market price remained stable and advanced overall.

In November, the domestic hydrofluoric acid prices remained relatively high and stable, with high raw material costs driving the sustained high operation of domestic R134a. The overall acceptance of downstream products was poor, and overall market trading continued to be light this week. The overall domestic R134a market prices remained stable and advanced.

In terms of raw materials, the domestic price of hydrofluoric acid had surged and then slightly declined, and then remained stable. The overall cost of raw materials remained relatively high, which will provide some support for the future refrigerant market prices.

Market outlook

Refrigerant analysts from SunSirs believe that the cost of raw materials was relatively high, downstream purchases and sales were cautious, and market trading was light. In the short term, the market prices of domestic refrigerants R22 and R134a will continue to remain stable at the current level.

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