SunSirs: Refrigerant Market Price Fluctuated in November

Price trend

According to the monitoring data of SunSirs, as of November 30, the average price of refrigerant R22 was 18,500.00 RMB/ton, 0.89% lower than the price of 18,666.67 RMB/ton at the beginning of the month, and 13.28% lower than the same period last year.

According to the monitoring data of SunSirs, as of November 30, the average price of refrigerant R134a was 25,333.33 RMB/ton, 1.94% lower than the price of 25,833.33 RMB/ton at the beginning of the month, and 37.96% lower than the same period last year.

Analysis review

In November, the price of domestic refrigerant R22 fluctuated slightly. At the beginning of this month, the price of upstream raw materials was continuously weak in October, and the price offered by enterprises decreased slightly. The price of raw material trichloromethane fell by 37.33% in the month, and the overall cost of raw materials fluctuated significantly at a relatively low level. In addition, the demand for refrigerant in the fourth quarter turned weak year on year. Downstream trading entities were cautious in their overall purchase and sales, and the domestic price of refrigerant R22 declined slightly in November. In late November, the price of hydrofluoric acid rebounded from the bottom, rising by 10.3% in the month, and some enterprises raised the factory price slightly. In November, the domestic R22 market price continued to move forward with small fluctuations.

In November, the domestic price of trichloroethylene continued to be weak, with a decline of about 5% in the month. The cost of raw materials continued to be low. The demand for refrigerant in winter was light, and the overall downstream purchase and sales were cautious. In November, the domestic price of refrigerant R134a continued to be weak and downward. In November, the domestic hydrofluoric acid price rebounded from the bottom, rising 10.3% in the month. The cost of some raw materials rebounded slightly in the second half of the month. Supported by the cost, the overall price of refrigerant R134a in late November was weak to be stable.

In November, the domestic hydrofluoric acid price hit the bottom and rebounded sharply. The sharp rise in the prices of some raw materials will form a certain support for the domestic R134a prices in the future.

Market outlook

Refrigerant analysts from SunSirs believed that in November, the price of chloroform fell sharply, the price of hydrofluoric acid rebounded after hitting the bottom, the overall cost price of R22 fluctuated at low levels, and the overall raw material cost was weak and stabilized. Affected by the slack winter demand season, the R22 market price in December will rise and fall as a whole, and is expected to continue to move forward at the current level with small fluctuations. In November, the price of hydrofluoric acid rebounded sharply, the price of trichloroethylene fell back slightly, and the cost of R134a raw materials fluctuated slightly. Influenced by the weak overall demand for refrigerants in winter, the price of R134a was in a dilemma. It is expected that the R134a market price in December will continue to move forward with small fluctuations at the current level.

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