Price trend

According to the monitoring data of SunSirs, as of December 16, the average price of refrigerant R22 was 18,833.33 RMB/tonn, down 0.90% from the price of 18,500.00 RMB/tonn at the beginning of the month, and up 1.85% from the same period last year.

According to the monitoring data of SunSirs, as of December 16, the average price of refrigerant R134a was 24,500.00 RMB/tonn, down 3.29% from the price of 25,333.33 RMB/tonn at the beginning of the month, and down 24.23% from the same period last year.

Analysis review

Refrigerant R22 fundamentals did not fluctuate much this week, and the enterprise offer was stable as a whole. As of December 16, the price of raw material chloroform continued to decline in the month, with an overall decline of 1.59%. The price of hydrofluoric acid continued to rise, with an overall increase of 0.22%. The cost of raw materials rose and fell mutually. The price of R22 moved forward steadily as a whole.

As of December 16, the price of upstream raw material hydrofluoric acid had been operating slightly stronger, with an overall increase of 0.22%, while the price of trichloroethylene continued to decline in a weak way, with an overall decline of nearly 9% in the month. In general, the cost of upstream raw materials continued to decline, while the downstream had a strong wait-and-see attitude, and the price of R134a in the future will continue to be under pressure.

In terms of raw materials, in December, the domestic hydrofluoric acid was slightly stronger after its overall rise became stable, and the stabilizing price rise of hydrofluoric acid weakened the price support for domestic refrigerant R134a in the future.

Market outlook

Refrigerant analysts from SunSirs believe that the cost of raw materials fluctuated slightly, and R22 prices will continue to move forward steadily in the short term. Upstream raw material prices continued to be weak. Under the pressure of cost, domestic R134a prices still have some room to fall.

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