1、 Price trend
According to the Commodity Market Analysis System of the Business Society, as of September 28th, the average price of refrigerant R22 was 21500.00 yuan/ton, an increase of 1.90% compared to the beginning of the month’s price of 21100.00 yuan/ton, and an increase of 17.27% compared to the same period last year
According to the Commodity Market Analysis System of Business Society, as of September 28th, the average price of refrigerant R134a was 26000.00 yuan/ton, an increase of 4.98% compared to the beginning of the month price of 24766.67 yuan/ton, and an increase of 1.30% compared to the same period last year.
2、 Market analysis
In September, the domestic price of chloroform significantly increased, with a 31.4% increase within the month. The price of hydrofluoric acid continued to rise, with a 5.48% increase within the month. The continuous increase in raw material costs has provided some support for the domestic R22 market price. Previously, the overall domestic R22 had already risen to a high level. In addition, as the end of the month approaches, the remaining quota quantity of enterprises is generally low, and the downstream demand in China is relatively stable. The market supply and demand have entered a stalemate, Starting from the latter half of the year, the overall domestic R22 market price remains stable and moves forward.
In September, the domestic price of trichloroethylene continued to rise, while the price of hydrofluoric acid continued to be strong. The cost of raw materials continued to rise, and supported by the rebound in demand for foreign trade orders, the overall price of R134a in China continued to rise in September.
In terms of raw materials, the domestic price of hydrofluoric acid continues to rise, and the continuous increase in raw material costs will provide strong support for the future refrigerant market prices.
3、 Future Market Forecast
Analysts from Business Society believe that the cost of raw materials has significantly increased, and downstream demand is generally stable. It is expected that the prices of domestic refrigerants R22 and R134a will continue to rise to varying degrees in October.
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