Price Trend

According to a large number of data monitored by business associations, the domestic R22 ex-factory price this week was 16333.33 yuan/ton, and the overall low level remained stable, down 18.02% compared with the same period last year.

According to a large number of data monitoring by business associations, domestic R 134a ex-factory price this week was 25166.67 yuan/ton, the overall low level remained stable, down 14.2% compared with the same period last year.

II. Market Analysis

Products: This week’s domestic refrigerant demand is weak, after-sales market is just in short supply, traders are not active in obtaining goods, cautious wait-and-see attitude is obvious, just in need; coupled with the current low start-up of production enterprises, adequate supply of market supplies, manufacturers to reduce prices to facilitate shipment mentality pessimistic, refrigerants have no signs of recovery. At the raw material end, the market of hydrofluoric acid and trichloromethane is weak, the trading atmosphere of the market is not high, which does not support refrigerants well. At the same time, the downstream refrigerant air conditioning industry is still in the period of overhaul, and there is no good signal at the demand side. The refrigerant is low and is facing bottom-touching. Currently, R22 is mainly for after-sales market. As of the 20th day, the market price has maintained 14000-17000 yuan/ton level according to the business association data. Domestic R134a market price trend is low, manufacturers mainly export goods, but on-site transaction prices continue to decline, merchants purchase on demand, no intention of hoarding goods. As of the 20th, the market price has maintained a level of 24,000-28,000 yuan per ton, according to business association data.

Industry chain: anhydrous hydrofluoric acid price trend of upstream products continued to decline, recent on-site manufacturers have been poor, the plant has maintained a high start-up rate, domestic spot supply is sufficient, some manufacturers continue to lower the ex-factory price, as of 20, the mainstream of hydrofluoric acid negotiations in the southern region is 9500-10000 yuan/ton, the price of hydrofluoric acid in the northern market is 9500-10000 yuan/ton. At 9500-10000 yuan/ton. Upstream products in the domestic trichloromethane market overall spot supply gradually returned to normal, prices fell, market negotiation enthusiasm is weak, wait-and-see atmosphere is strong, basic on-demand procurement.

Industry: According to the price monitoring of business associations, in the 37th week of 2019 (9.16-9.20), there were 0 commodities rising or falling, 3 commodities falling and 2 commodities rising or falling to 0. The main commodities falling were trichloromethane (-4.17%), hydrofluoric acid (-0.48%) and fluorite (-0.38%). This week’s average rise and fall was -1.01%.

3. Future Market Forecast

Business Cooperative Refrigerant Analysts believe that: refrigerant manufacturers are starting low, raw material support is weak, terminal demand is sluggish, it is expected that in the short term refrigerants will follow the low cost level consolidation.