Price trend

According to the monitoring of SunSirs, the average market price of domestic rapeseed was 7,188 RMB/ton on February 1, and 7,400 RMB/ton on February 27. During the period, the quotation rose 2.95%, and up 3.01% from January 1.

According to the monitoring data of SunSirs, as of February 28, the average price of refrigerant R134a was 24,666.67 RMB/ton, an increase of 0.68% compared with the price of 24,500.00 RMB/ton at the beginning of the month, and a decrease of 10.30% compared with the same period last year.

Analysis review

In February, the domestic price of chloroform rose by 26.32%, and the price of hydrofluoric acid fell by 1.71%. In general, the cost of R22 raw materials rose sharply, and the downstream trading entities were active in purchasing, supported by cost and demand, the manufacturers successively raised the factory price, which helped the market price of R22 continue to rise in February.

In February, the domestic trichloroethylene price as a whole stopped falling and rebounded, and the hydrofluoric acid price as a whole weakened and stabilized. In general, the upstream raw material price as a whole stopped falling and rebounded slightly, and the domestic R134a price rose slightly supported by the small recovery of cost.

In terms of raw materials, the overall domestic hydrofluoric acid price weakened and stabilized in February, and the trichloroethylene price stopped falling and recovered. The rising cost will further support the future R134a price.

Market outlook

Refrigerant analysts from SunSirs believe that under the support of both cost and demand, the domestic R22 price is expected to continue to rise in March, and the overall R134a price is expected to continue to be stable and stronger in March.

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