Price trend

According to the monitoring data of SunSirs, as of August 12, the average price of refrigerant R22 was 17,000.00 RMB/ton, which was the same as the price at the beginning of the month at 17,000.00 RMB/ton, and increased by 4.08% compared with the same period last year.

According to the monitoring data of SunSirs, as of August 12, the average price of refrigerant R134a was 22,833.33 RMB/ton, an increase of 1.48% compared with the price at the beginning of the month of 22,500.00 RMB/ton, and an increase of 11.38% compared with the same period last year.

Analysis review

This week, the fundamentals of refrigerant R22 remained stable as a whole, and the quoted prices of enterprises remained stable as a whole. The price of the raw material trichloromethane rose slightly within the month, the overall hydrofluoric acid was weakly stable, and the overall raw material cost stabilized and then fluctuated slightly. The overall downstream had a strong wait-and-see attitude, and the R22 market price remained stable as a whole.

Entering August, the overall price of upstream raw material hydrofluoric acid was weak and stable, and the price of trichloroethylene continued to rise. Summer is the traditional peak season for refrigerant demand. Under the support of cost and demand, the price of refrigerant R134a rose slightly this week.

In terms of raw materials, the domestic hydrofluoric acid price trend was generally stable and weak this week, and the continued weak operation of costs will suppress the domestic R134a price in the market outlook.

Market outlook

The refrigerant analyst of SunSirs believes that the price of R22 raw materials is weak and stable, and the overall market has a strong wait-and-see attitude. It is expected that the domestic R22 market price will continue to move forward steadily in the short term. The raw material cost of R134a continues to rise, and the peak demand season is approaching. Under the support of cost and demand, it is expected that the price of R134a will continue to run strongly in the short term.

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