SunSirs: Refrigerant Market Prices Remained Steady (August 22-26)

Price trend

According to the monitoring data of SunSirs, as of August 26, the average price of refrigerant R22 was 17,500.00 RMB/ton, which was the same as that at the beginning of the week, and an increase of 2.94% and a decrease of 6.25% compared with the same period last year.

According to the monitoring data of SunSirs, as of August 26, the average price of refrigerant R134a was 24,333.33 RMB/ton, which was the same as the beginning of the week, up 8.15% from the beginning price of 22,500.00 RMB/ton, and up 9.77% compared with the same period last year.

Analysis review

This week, the price of refrigerant R22 remained stable as a whole, and the prices offered by enterprises remained stable. The price of raw material chloroform rebounded and rebounded as a whole within the month, the price of hydrofluoric acid continued to be weak and stable, the cost of raw materials rebounded slightly, and in addition to the power outage maintenance in some areas, the market price of R22 in the future will be supported to a certain extent.

This week, the market price of R134a remained stable as a whole. Since August, the overall price of upstream raw material hydrofluoric acid has been weak and stable, and the price of trichloroethylene has continued to rise. Coupled with the shutdown of power-cut production lines in some areas, the supply of R134a in the market has declined slightly. At the same time, summer is the traditional peak season for refrigerant demand. Cost and demand will further support the price of R134a in the market outlook.

Market outlook

Refrigerant analysts of SunSirs believe that with the slight decline in corporate inventories, the continued increase in raw material costs and the support of demand, it is expected that domestic R22 and R134a prices will still have some room for recovery in the short term.

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