Price trend

According to the data of SunSirs, on December 24, the average domestic R134a refrigerant price was 23，166.67 RMB/ton, which was a slight increase of 0.72% from the previous day's 23,000 RMB/ton. The R134a commodity index on December 24 was 84.76, an increase of 0.61 points from the previous day, a decrease of 15.24% from the highest point of the cycle at 100.00 points (2019-09-02), and an increase of 2.21 from the lowest point of November 12, 2019, 82.93 points. %. (Note: The period refers to 2019-09-01 to now)

Analysis review        

Product: The recent R134a market in the refrigerant market is acceptable. At present, the supply of R134a is tight, and the inventory is at a low level, which has caused the price of R134a to rise slightly. However, the recovery of hydrofluoric acid at the raw material side has supported the cost, and the stocks at the end of the terminal are generally at the end. The demand for refrigerant R134a is not high. According to the price monitoring of SunSirs, as of December 24, the price of R134a of Quzhou Jiuzhou Chemical was 21,500 RMB/ton, and the price of R134a of Zhejiang Lengwang Technology was 22,500 RMB/ton. LongXun Trading R134a is quoted at 21,500 RMB/ton, Yumei Chemical R134a is quoted at 23,000 RMB/ton, Blue Planet R134a is quoted at 25,000 RMB/ton, and the price is concentrated at 21,000 RMB/ton to 25,000 RMB/ton.

Industrial chain: The domestic market price of upstream products for hydrofluoric acid has improved. The mainstream price is 9,500-11,000 RMB/ton. The ex-factory prices of some manufacturers in the venue are temporarily stable. The operation rate of domestic hydrofluoric acid manufacturers is average, the supply of goods in the field is sufficient, and the market price in the field is stable. In terms of terminal, the demand of air conditioning industry is not high.

Market outlook

According to the refrigerant analyst of SunSirs, R134a is currently in a tight supply and low inventory. It is expected that R134a prices will continue to rise in the short term.

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