1、 Price trend

According to the Commodity Market Analysis System of Business Society, as of June 29th, the average price of refrigerant R22 was 20433.33 yuan/ton, a slight decrease of 0.33% compared to the beginning of the month and an increase of 20.20% compared to the same period last year

According to the Commodity Market Analysis System of Business Society, as of June 29th, the average price of refrigerant R134a was 24933.33 yuan/ton, a slight decrease of 0.93% compared to the beginning of the month price of 25166.67 yuan/ton, and an increase of 16.88% compared to the same period last year.

2、 Market analysis

In June, the price of upstream raw material trichloromethane continued to decline weakly, falling 10.99% in the month. The price of hydrofluoric acid continued to run at a weak bottom, falling 0.29% in the month. The price of raw materials continued to decline in the month. Supported by the demand of refrigerant in the summer peak season, the overall price mentality of manufacturers was strong. The offer price in June was temporarily stable. At the end of the month, some enterprises slightly reduced the ex factory price. The price of R22 market was stable and weak.

As of June 29, the domestic Trichloroethylene price continued to operate at a low level, while the hydrofluoric acid price continued to operate at a weak bottom, falling 0.29% in the month. The upstream raw material price was generally stable and weak. Supported by the high demand season for refrigerants in summer, the manufacturers had a strong price mentality, and the price of refrigerant R134a at the beginning of the month was generally stable. Affected by lower than expected downstream demand, some manufacturers have slightly lowered the factory price of R134a in the middle of the year, driving the stable and weak operation of domestic refrigerant R134a prices.

Overall, the current domestic price of hydrofluoric acid is still at a relatively low level, and the sustained low and weak operation of hydrofluoric acid prices will further suppress the domestic refrigerant market prices in the future.

3、 Future Market Forecast

Refrigerant analysts from Business Society believe that with the significant increase in domestic temperatures, the possibility of El Ni ñ o recurrence continues to increase, and the domestic refrigerant industry as a whole will enter the production off-season and demand peak season. At the same time, the continuous decline in upstream raw material costs will also have a strong pressure on the future refrigerant market prices. The supply and demand game in the domestic refrigerant market is constantly intensifying, and in July, the domestic R22 and R134a prices will be mainly under pressure and operating.