SunSirs: Refrigerant Market Price Was Running to Be Strong (September 12-16)

Price trend

According to the monitoring data of SunSirs, as of September 16, the average price of refrigerant R22 was 18,166.67 RMB/ton, an increase of 0.93% compared with the price at the beginning of the week of 18,000.00 RMB/ton, and a decrease of 21.01% compared with the same period last year.

According to the monitoring data of SunSirs, as of September 16, the average price of refrigerant R134a was 25,666.67 RMB/ton, an increase of 0.65% from the price at the beginning of the week of 25,500.00 RMB/ton, and a decrease of 10.98% compared with the same period last year.

Analysis review

This week, the fundamentals of refrigerant R22 were slightly stronger as a whole, and the quotation prices of enterprises rose slightly. The price of raw material chloroform continued to rise within the month, the overall stability of hydrofluoric acid was weak, and the cost of raw materials rose slightly. Under the support of cost, the price of R22 rose slightly.

Since September, the price of hydrofluoric acid has remained weak and stable as a whole, the price of trichloroethylene has continued to be strong, and the cost of raw materials has continued to rise. Under the support of cost and demand, the price of domestic refrigerant R134a continued to rise.

In terms of raw materials, the overall price of domestic hydrofluoric acid was relatively low in September, and it kept moving forward. The continued low price of hydrofluoric acid will suppress the price of domestic R134a in the market outlook.

Market outlook

Refrigerant analysts of SunSirs believe that raw material costs continue to rise, manufacturers' inventories are relatively low, and under the support of costs and demand, it is expected that domestic R22 and R134a prices will continue to run strongly in the short term.

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