1、 Price trend

According to the price monitoring of the business agency, the average price of the mainstream manufacturers on March 13 was 18333.33 yuan / ton, and the average price of the weekend (13 days) was 18333.33 yuan / ton. This week’s market is temporarily stable. On March 12, the R22 commodity index was 110.00, flat with yesterday, down 0.90% from the period’s highest point of 111.00 (2020-02-24), and up 31.89% from the lowest point of 83.40 on October 14, 2019. (Note: cycle refers to 2019-09-01 till now)

2、 Market analysis

Product: R22 in refrigerant market this week is high and stable. In recent years, the market of hydrofluoric acid and chloroform at the raw material end is getting better, which supports refrigerant R22 strongly. The terminal air-conditioning industry has resumed work one after another, but it has mainly been cleaned up. The demand for refrigerant is weak, the industry’s wait-and-see mentality is rising, and the price is high and stable. As of March 6, the average price of refrigerant R22 is about 18333.33 yuan / ton, and the quotation is mainly about 17500 yuan / ton – 19000 yuan / ton, with little change.

Industrial chain: on March 13, the mainstream price of domestic anhydrous hydrofluoric acid manufacturers was 10500-11500 yuan / ton. The factory price of some manufacturers in the site was temporarily stable. The operation rate of domestic hydrofluoric acid manufacturers was average, the supply of goods in the site was slightly tight, and the market price in the site remained high. After March, affected by the overhaul of enterprises, the supply of chloroform in the market is relatively soft. However, due to the fact that it is in the off-season of chloroform at present, and the commencement of downstream market is delayed, the market demand is poor, and the overall supply and demand are weak. At present, the production of Jinling and Dongyue units in Shandong Province has resumed, and the market will present a situation of supply exceeding demand. At present, the quotation in Shandong Province is about 1900 yuan / ton, Jiangxi Liwen daily The price is about 2650 yuan / ton, and the price in Jiangsu is about 2800 yuan / ton.

Industry: according to the price monitoring of the business agency, there are two kinds of commodities in the rise and fall list of bulk commodity prices on March 12, 2020, among which there is one kind of commodity with an increase rate of more than 5%, accounting for 1.1% of the number of commodities monitored in the plate; the top two commodities are liquid ammonia (6.10%) and phenylethylene (0.53%). There are 18 kinds of commodities falling on a month on month basis, and 1 kind of commodities falling by more than 5%, accounting for 1.1% of the number of commodities monitored in this sector; the top three products falling are crude benzene (- 9.00%), aniline (- 4.56%) and dichloromethane (- 4.00%). The average price of this day was – 0.35%.

3、 Future forecast

According to the refrigerant analyst of Business Club: at present, the refrigerant R22 is strongly supported by quota and raw material end, the price is high and stable, while the demand end is not significantly increased, and it is expected that the refrigerant R22 will remain high and stable in the short term.