Price Trend
According to the monitoring data of business associations, the domestic R 134a ex-factory price continued to decline in August, with the price at the end of the month (26 days) at 27333.33 yuan/ton, down 2.968% from the price at the beginning of the month (1 day) at 28166.67 yuan/ton, and down 6.82% from the same period last year.
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II. Market Analysis
Products: Recent refrigerant market has been slightly depressed, market prices remain low, the peak season cold fall situation continued. In August, major air-conditioning manufacturers have carried out phased overhauls, the overall demand for refrigerants has gradually decreased, and prices continue to decline. The demand of refrigerant R134a downstream is not good, the market continues to decline, and the raw material end is not strong enough to support the refrigerant R134a for the time being; the downstream wait-and-see attitude is obvious, just need to take delivery, R134a manufacturer bears the pressure to reduce the price of delivery, the current market price is mostly concentrated between 25000-28000 yuan/ton. According to the data of business associations, as of August 26, the price of Zhejiang Juhua Co., Ltd. was 27,000 yuan/ton, Quzhou Jiuzhou Chemical Co., Ltd. was 25,000 yuan/ton, Zhejiang Lengwang Science and Technology Co., Ltd. was 26,000 yuan/ton, Jiangsu Blue Star Environmental Protection Technology Co., Ltd. was 28,000 yuan/ton, and Hunan Longxun Trade Co., Ltd. The price of Shanghai Yumei Chemical Co., Ltd. is 25,000 yuan per ton, and that of Shanghai Yumei Chemical Co., Ltd. is 25,500 yuan per ton.
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Industry chain: anhydrous hydrofluoric acid prices of upstream products continued to decline in August. By the end of the weekend, the hydrofluoric acid commodity index was 101.18, which was 27.95% lower than the peak of 140.43 points in the cycle (2018-02-21), and 88.80% higher than the lowest point of 53.59 points on November 30, 2016. (Note: Period refers to 2011-09-01 to date). Downstream demand is weak, market negotiation enthusiasm is weak, wait-and-see atmosphere is strong, basic on-demand procurement.
3. Future Market Forecast
Business Cooperative Refrigerant Analysts believe that the end of the current refrigerant R134a peak season, there is no other clear good news in the market, the lack of support at the raw material end, terminal demand is sluggish, in general, refrigerant R134a new capacity into the market, the market is pessimistic.
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