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Commodity News

SunSirs: Refrigerant Prices Were Stable and Forward (December 11-15)

December 19 2023 09:53:53     SunSirs (John)

Price trend

According to the Commodity Market Analysis System of SunSirs, as of December 15th, the average price of refrigerant R22 was 21,600.00 RMB/ton, which remained unchanged from the beginning of the month and increased by 17.82% compared to the same period last year.

According to the Commodity Market Analysis System of SunSirs, as of December 15th, the average price of refrigerant R134a was 27,666.67 RMB/ton, which was the same as the beginning of the month and an increase of 12.93% compared to the same period last year.

Analysis review

Entering mid December, the domestic prices of chloroform and hydrofluoric acid remained stable, while the overall raw material costs remained weak and stable. The quota surplus of R22 enterprises bottomed out, and the attitude of enterprises to support prices remained unchanged. The overall domestic R22 market prices remained stable and moving forward.

Entering mid December, the overall price of hydrofluoric acid in China had weakened and stabilized, while raw material costs had stabilized. With the support of low inventory levels and a willingness to raise prices among enterprises, the overall price of R134a in China had remained stable and moving forward.

In terms of raw materials, the domestic price of hydrofluoric acid was weak and tended to stabilize, and the weak and stable cost of raw materials will provide some bottom support for the future refrigerant market prices.

Market outlook

According to refrigerant analysts from SunSirs, the remaining quota of the enterprise was insufficient, and the enterprise continued to be reluctant to sell at low prices. In the short term, the prices of domestic refrigerants R22 and R134a will continue to operate steadily.

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

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