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SunSirs: Refrigerant Prices Continued to Remain Stable and Forward (December 18-22)

December 27 2023 10:17:04     SunSirs (John)

Price trend

According to the Commodity Market Analysis System of SunSirs, as of December 22, the average price of refrigerant R22 was 21,600.00 RMB/ton, which remained stable overall compared to the beginning of the month and increased by 16.76% compared to the same period last year.

According to the Commodity Market Analysis System of SunSirs, as of December 22, the average price of refrigerant R134a was 27,666.67 RMB/ton, which was unchanged from the beginning of the month and increased by 12.93% compared to the same period last year.

Analysis review

This week, the domestic price of chloroform slightly increased, with a 2.5% increase during the week. The overall price of hydrofluoric acid remained stable and the upstream raw materials stabilized. In addition, the quota surplus of domestic R22 enterprises reached the bottom, and enterprises continued to raise prices. The domestic R22 market price continued to remain stable and move forward this week.

This week, the overall domestic price of hydrofluoric acid remained stable, while upstream raw material prices remained stable. The domestic inventory of R134a was relatively low, and with the support of the sustained price support attitude of enterprises, the domestic R134a price continued to remain stable and move forward.

In terms of raw materials, the overall price of domestic hydrofluoric acid remained stable, which will support the continued stability of the domestic refrigerant market price.

Market outlook

SunSirs’ refrigerant analysts believe that raw material costs had stabilized, enterprise quotas had bottomed out, and market supply and demand were weak. In the short term, domestic refrigerant R22 and R134a market prices will continue to operate steadily.

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

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