Price trend

According to the monitoring data of SunSirs, as of October 21, the average price of refrigerant R22 was 18,666.67 RMB/ton, unchanged from the beginning of the month and 30% lower than the same period last year.

According to the monitoring data of SunSirs, as of October 21, the average price of refrigerant R134a was 25,833.33 RMB/ton, 0.64% lower than the price of 26,000.00 RMB/ton at the beginning of the month, and 49.01% lower than 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. The price of raw material trichloromethane rose slightly by 5.52% in the month, and the price of hydrofluoric acid rose by 3.15% from the bottom in the month. The overall cost of raw materials was slightly stronger. Affected by the weakening of refrigerant demand in the fourth quarter, the small rise in cost had limited support for domestic R22 prices. This week, domestic R22 market prices continued to be stable.

Since late September, the domestic trichloroethylene price went up and dropped slightly. In October, the overall price of trichloroethylene was weak and stabilized. The domestic hydrofluoric acid price rebounded slightly in October, rising 3.15% in the month. Overall, the upstream raw material cost was still weak. In addition, the winter demand turned weak, and the R134a price was in a dilemma. The refrigerant R134a price was stable overall this week.

Market outlook

Refrigerant analysts from SunSirs believe that the cost of R22 is stable and strong. Affected by the low demand season, the overall market price of R22 will continue to fluctuate slightly at the current level in the short term. The R134a raw material cost is adjusted to be stable and weak overall. The continued weak cost and weak demand will further suppress the R134a market price in the future.

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