1、 Price trend
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According to the Commodity Market Analysis System of the Business Society, as of August 25th, the average price of refrigerant R22 was 21100.00 yuan/ton, a decrease of 0.78% from the beginning of the month’s price of 21266.67 yuan/ton, and an increase of 20.57% compared to the same period last year
According to the Commodity Market Analysis System of the Business Society, as of August 25th, the average price of refrigerant R134a was 24766.67 yuan/ton, which is the same as the beginning of the month and an increase of 1.78% compared to the same period last year.
2、 Market analysis
As of August 25th, the price of trichloromethane has decreased by 4.85% during the month, while the price of hydrofluoric acid has increased by 1.23%. Overall, the overall slight decline in upstream raw material prices has had a certain inhibitory effect on the market price of refrigerant R22. Supported by the peak demand season for refrigerants in the third quarter, manufacturers’ prices have temporarily stabilized this week, and the overall market price of R22 has remained stable and moving forward.
As of August 25th, the price of trichloroethylene has remained low for the month, while the price of hydrofluoric acid has slightly increased by 1.23%. Overall, the upstream raw material cost of R134a has continued to fluctuate and move forward at a low level. Supported by the peak summer refrigerant demand season, the overall domestic R134a price has remained stable and advanced this week.
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In terms of raw materials, although domestic hydrofluoric acid prices slightly rebounded in August, overall, they are still at a relatively low level. The sustained low and fluctuating raw material costs will to some extent limit the upward space for future refrigerant prices.
3、 Future Market Forecast
Refrigerant analysts from Business Society believe that the raw material cost fluctuates weakly, and downstream demand remains unchanged. Long short game, it is expected that the domestic market prices of R22 and R134a will continue to fluctuate and consolidate slightly at the current level in the short term.
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