SunSirs: Refrigerant Prices Remained Stable and Moved Forward (April 15-19)
April 25 2024 15:05:47 SunSirs (John)
Price trend
According to the Commodity Market Analysis System of SunSirs, as of April 19th, the average price of refrigerant R22 was 24,833.33 RMB/ton, an increase of 2.76% from the beginning of the month's price of 24,166.67 RMB/ton, and an increase of 20.16% compared to the same period last year.
According to the Commodity Market Analysis System of SunSirs, as of April 19th, the average price of refrigerant R134a was 31,000.00 RMB/ton, an increase of 1.09% from the beginning of the month's price of 30,666.67 RMB/ton, and an increase of 22.37% compared to the same period last year.
Analysis review
This week, the domestic price of chloroform slightly decreased, with a decrease of 0.36% during the week. The overall price of hydrofluoric acid remained stable and moving forward, while the overall fluctuation of raw material costs was weak. Supported by downstream demand, manufacturers remained willing to raise prices, and the domestic R22 market price continued to remain strong this week.
This week, the overall prices of trichloroethylene and hydrofluoric acid in China remained stable, with raw material costs remaining stable and downstream demand remaining unchanged. The domestic R134a price continued to remain strong this week.
Market outlook
According to refrigerant analysts from SunSirs, the situation of price competition in the domestic refrigerant industry had eased after the quota is implemented. During the peak season of refrigerant demand in the second quarter, with the support of downstream rigid demand, it is expected that the prices of domestic refrigerants R22 and R134a will continue to remain strong in the short term.
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