SunSirs: Refrigerant Prices Remained Stable and Moved Forward (November 20-24)

Price trend

According to the Commodity Market Analysis System of SunSirs, as of November 24th, 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 16.76% compared to the same period last year.

According to the Commodity Market Analysis System of SunSirs, as of November 24th, the average price of refrigerant R134a was 27,666.67 RMB/ton, a decrease of 0.60% from the beginning of the month's 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 price of chloroform remained stable and advanced overall, while the price of hydrofluoric acid slightly declined, falling by 0.6%. The cost of raw materials fluctuated and the market supply and demand remained stable. The overall domestic R22 market price remained stable and advanced this week.

This week, the domestic price of hydrofluoric acid slightly declined, with a decrease of 0.6% within the week. Overall, the upstream raw material cost of R134a was still relatively high, and downstream purchases and sales were relatively cautious. The overall domestic price of R134a remained stable and moving forward this week.

In terms of raw materials, the domestic price of hydrofluoric acid had slightly declined. Overall, the price of R134a was still at a relatively high level, and the sustained high cost of raw materials will provide some support for the future refrigerant market prices.

Market outlook

According to refrigerant analysts from SunSirs, the cost of raw materials had fluctuated slightly, and the market supply and demand were relatively stable. In the short term, the prices of domestic R22 and R134a will continue to remain at the current level with slight consolidation.

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