1、 Price trend

According to commodity data monitoring, the price of yellow phosphorus in Yunnan and Guizhou increased. The average price of yellow phosphorus was 40000 yuan / ton last Thursday and 43500 yuan / ton this Thursday. The price increased by 8.75% during the week.

2、 Market analysis

Yellow phosphorus prices continued to rise this week. The manufacturer mainly supplies old customers with early orders, and the transaction of new orders is acceptable. There are more inquiries in the yellow phosphorus field, higher market procurement enthusiasm, tight supply, manufacturers are reluctant to sell, and the price of yellow phosphorus rises. Up to now, the mainstream quotation of yellow phosphorus in Yunnan is about 45000 yuan / ton; The mainstream quotation in Sichuan is about 44000 yuan / ton; The mainstream quotation in Guizhou is about 42000-43000 yuan / ton. It is reported that Yunnan began to implement the new electricity price in 2022 in January. The electricity price in Yunnan will rise, and the cost of yellow phosphorus enterprises will increase.

The Guizhou Provincial mobilization meeting of the second central eco-environmental protection supervision group was held in Guiyang. According to the arrangement, the stationing time of the second central eco-environmental protection supervision group is one month. The arrival period (December 5, 2021 – January 5, 2022) affected the commencement of yellow phosphorus enterprises in Guizhou, and Guizhou enterprises have stopped production. Therefore, the downstream stock of yellow phosphorus is relatively active at present.

In terms of raw materials, the domestic phosphorus ore market continued to operate at a high level this week, and the overall supply tension in the field will be maintained in the short term. The quotation of 30% ammonium phosphate ore truck in Hubei is about 660-680 yuan / ton, the ex factory price of 30% phosphate ore in Hebei is about 700-750 yuan / ton, and the price of 30% grade phosphorus ore freight yard in Guizhou is about 630-670 yuan / ton.

In terms of coke, according to the price monitoring of business society, the price of primary metallurgical coke in Shanxi was 2494 yuan / ton and that of secondary metallurgical coke was 2438 yuan / ton on December 16. Today, the coke market price is still temporarily stable, the first round of increase has not been implemented, the domestic mainstream steel mills have not responded, and the game mentality of coke steel enterprises has intensified. In terms of coke enterprises, the current sales situation is good, and the inventory in the factory is low. The low inventory has boosted the mentality of coke enterprises. At present, Zhang Yixiang is strong. The downstream steel mills have winter storage plan, the intention of goods preparation has been improved, and the enthusiasm of procurement has been improved. In terms of policy, with the Winter Olympic Games approaching, coke steel enterprises are facing the impact of production restriction. It is expected that the coke price will remain stable, medium and strong in the short term. In the future, we still need to focus on the inventory of all links, the commencement of coke steel enterprises and the production restriction brought by the Winter Olympic Games.

In terms of phosphoric acid, the market price of phosphoric acid rose this week. At present, the quotation in Sichuan is 10500-12000 yuan / ton, that in Yunnan is about 12500 yuan / ton, that in Hubei is 10500-13000 yuan / ton, that in Shandong is 10500-11500 yuan / ton, and that in Shanghai is 11000-13000 yuan / ton. It is expected that the phosphoric acid market may continue to rise following the cost side, but the demand follow-up is insufficient, so some increases are restrained.

3、 Future forecast

The yellow phosphorus analyst of the chemical branch of the business agency believes that on the whole, the yellow phosphorus price continues to rise this week. At present, the spot is tight and the order is good. The price of yellow phosphorus is expected to remain high in the short term.

According to the monitoring data of business society, as of December 15, the average price of organosilicon DMC market in mainstream areas was 24300 yuan / ton, which was 1740 yuan / ton, down 6.68% compared with the price on December 10 (reference price 26040 yuan / ton). Compared with the price on December 1 (reference price 30800 yuan / ton), the average price was 6500 yuan / ton, down 21.10%.

It can be seen from the data monitoring chart of the business society that since the beginning of December, the domestic silicone DMC market has continued to run downward. This week, the silicone DMC continued to fall deeply. On the 13th of the week, a large chemical plant in Shandong lowered the ex factory price of silicone DMC again by 700 yuan / ton, and the silicone DMC of the plant decreased to 23500 yuan / ton. There was a strong empty mood in the field, and the phenomenon of closing the market increased, On the 14th, the actual orders of some factories were reduced by 500-1000 yuan / ton. The mainstream price in the field was around 23500-25500 yuan / ton. The downstream demand was cautious. The market of upstream raw material metal silicon was weak, and the cost support for silicone DMC was still loose. On the 15th, individual high-end quotations in the domestic silicone DMC market continued to be reduced, and the difference between high and low prices in the field was shortened, The ex factory price of silicone DMC is around 23500-25000 yuan / ton, and the average price is 24300 yuan / ton, a decrease of 6.68% this week. At present, the downstream demand of silicone DMC is still cautious, and the bearish mood in the field is spreading, focusing on just needed procurement.

In terms of index, the silicone DMC commodity index on December 14 was 126.29, down 4.23 points from yesterday, down 61.64% from the highest point of 329.21 in the cycle (2021-10-10), and up 79.39% from the lowest point of 70.40 on July 27, 2016. (Note: cycle refers to the period from September 1, 2011 to now)

In terms of upstream metal silicon, this week, the domestic #441 metal silicon market operated weakly and stably. Since the beginning of this month, the domestic #441 metal silicon market has continued to decline. In this week, the overall market has stopped falling and stabilized. According to the monitoring data of business society, as of December 14, the reference price of domestic #441 metal silicon was 22370 yuan / ton, a decrease of 20.05% compared with the beginning of this month.

Future trend forecast of silicone DMC Market

At present, the market price of organosilicon DMC has fallen to a relatively low point. The operators have a strong attitude of seeking stability, the downstream demand is generally improved, and the overall maintenance just needs replenishment. The organosilicon DMC data division of business society believes that in the short term, the organosilicon DMC market will mainly be weakly stable, and more attention needs to be paid to the news changes of supply and demand.

According to the monitoring data of business society, as of December 14, the average ex factory price of domestic industrial grade propylene glycol was 17616 yuan / ton. Compared with the price on December 9, 2021 (propylene glycol reference price 16800 yuan / ton), the average price increased by 816 yuan / ton, an increase of 4.86%, and compared with the price on December 1 (propylene glycol reference price 17933 yuan / ton), the average price decreased by 317 yuan / ton, a decrease of 1.77%.

It can be seen from the data monitoring chart of the business community that in the early December stage, the domestic propylene glycol market as a whole operated downward, the raw material propylene oxide operated steadily and the cost support was stable, but the downstream demand support of propylene glycol was insufficient, the downstream wait-and-see atmosphere was strong, the raw materials in the previous period were mainly digested, the rigid demand in the venue continued to weaken, and the overall new order transaction was weak. Since the beginning of the month, The offer price of propylene glycol factory was gradually reduced. Until December 9, the transaction focus of domestic propylene glycol fell below 17000 yuan / ton. According to the monitoring data of business society, the average price was 16800 yuan / ton, with a decrease of 6.32% in early December.

After several days of continuous decline of propylene glycol, on December 10, the market in the propylene glycol plant finally saw a slight recovery, and the quoted price of propylene glycol plant stopped falling and rebounded. The recovery of the market mainly came from the support of the supply side. The propylene glycol plant in Zhejiang was temporarily parked, the supply in the plant decreased, the market inquiry atmosphere warmed up, new orders were added downstream, the storage pressure of propylene glycol was released, and the quotations of some factories began to adjust upward, The increase range was 100-300 yuan / ton. This week, the downstream just needed replenishment, the propylene glycol factory shipped actively, and the inventory pressure was reduced. On the 13th and 14th of the week, the propylene glycol factory quotation continued to increase, with the increase range of about 200-500 yuan / ton. As of December 14, the domestic propylene glycol factory price was 17400-18000 yuan / ton, and the average price was 17616 yuan / ton, compared with the 9th, The price callback was 816 yuan / ton, an increase of 4.86% on the 5th.

In terms of index, the propylene glycol commodity index on December 9 was 215.38, down 0.86 points from yesterday, down 30.96% from the highest point 311.97 in the cycle (2021-10-27), and up 115.38% from the lowest point 100.00 on September 2, 2020. (Note: cycle refers to 2020-09-01 to now)

In terms of upstream propylene oxide, the market price of propylene oxide fell on December 13, 2.05% lower than that on Friday, 2.05% lower than that at the beginning of the month and 12.27% lower than that on November 13. Recently, the price of raw propylene is weak, the cost support is general, the factory inventory increases slowly, the downstream procurement enthusiasm is general, the bearish mood is strong, the terminal is mainly waiting and waiting, and the focus of market negotiation is downward. It is expected that the propylene oxide market will be dominated by weak operation in the short term.

Future trend analysis

At present, the trading atmosphere in the propylene glycol field is good. The propylene glycol factory has received orders smoothly in the past two days, and the downstream demand side support is OK. Therefore, the propylene glycol datagrapher of the business society believes that the propylene glycol market may continue to rise slightly in the short term, and more attention needs to be paid to the news changes on the supply and demand side.

1、 Price data

According to the bulk list data of business society, the price of petroleum coke of local refiners rose and fell this week, and the price remained stable as a whole. On December 12, the average price in Shandong market was 2408.25 yuan / ton, which was stable compared with that on December 6.

On December 13, the commodity index of petroleum coke was 193.76, up 6.45 points from yesterday, down 26.10% from the highest point 262.19 in the cycle (2021-09-29), and up 189.67% from the lowest point 66.89 on March 28, 2016. (Note: the period refers to the period from September 30, 2012 to now)

2、 Analysis of influencing factors

The operating rate of refineries rose this week, with positive shipment and general trading. The inventory of some refineries was high, the enthusiasm of downstream procurement was general, and the goods were prepared carefully.

Upstream: international crude oil prices rebounded this week. At the beginning of this week, South Africa reported that the symptoms of local Omicron infection cases were mild. After that, the market was worried about undermining oil demand, and oil prices ushered in a retaliatory rebound. In addition, the Iranian nuclear negotiations are at an impasse, the possibility of Iranian oil returning to the market is reduced, and crude oil is also supported to a certain extent. Second, the US Energy Information Administration (EIA) reported on Wednesday that US crude oil inventories fell slightly last week, which benefited the oil market. OPEC +, an oil producing country, also acts as a ballast. OPEC + decided to continue to release 400000 barrels / day of production capacity as planned at the ministerial meeting on December 2, reflecting the confidence of the alliance led by Saudi Arabia and Russia in the future demand prospects. In addition, the organization of Petroleum Exporting Countries and its allies (OPEC +) control production, it is unlikely that Iranian oil will return to the international market in the near future, the oil market remains in a tight balance, and the oil price is supported.

Downstream: Calcined coke shipment is under pressure this week, and the price remains stable as a whole; The metal silicon market is basically stable; The price of downstream electrolytic aluminum fluctuated. As of December 12, the price was 18780.00 yuan / ton.

Industry: according to the price monitoring of the business society, in the list of commodity prices rising and falling in the 49th week of 2021 (12.6-12.10), there are 2 kinds of commodities rising month on month in the energy sector, including 2 kinds of commodities rising by more than 5%, accounting for 12.5% of the monitored commodities in the sector; The top 2 commodities were WTI crude oil (7.06%) and Brent crude oil (6.50%). There are 9 kinds of commodities with a month on month decrease, and 2 kinds of commodities with a decrease of more than 5%, accounting for 12.5% of the monitored commodities in this sector; The products with the top three declines were liquefied natural gas (- 15.97%), dimethyl ether (- 6.32%) and methanol (- 4.39%). The average rise and fall this week was – 1.35%.

Petroleum coke analysts of business society believe that: Recently, the local refining manufacturers have issued goods stably, and the prices rise and fall with each other. At present, the downstream has purchased successively, and the inventory in the local refining market has decreased. Affected by the recent heating season and the Winter Olympic Games, the downstream carbon enterprises are still facing the problems of production reduction and production restriction, and the downstream demand is general. It is expected that the price of Petroleum Coke will be sorted out in the near future.

The domestic aggregate MDI market continued to be depressed, rebounded slightly in a narrow range over the weekend, but the overall atmosphere was depressed. At the beginning of the week, the weekly guideline price of Shanghai factory was reduced by 500 yuan to 18000 yuan / ton, aggravating the bearish mentality of the industry. In the middle of the week, some production enterprises released the news of stabilizing the market and aggregated MDI market prices to stop falling and rebound. The terminal just needs customer inquiry and purchase, and the market focus moves upward. Near the end of the year, both supply and demand are weak, and the mentality of operators is more divergent.

According to the sample data monitored by the business community, from December 3 to December 10, the market price of domestic aggregated MDI fell from 19060 yuan / ton to 18720 yuan / ton, with a price decrease of 1.78% during the cycle, a price decrease of 7.10% month on month and a year-on-year increase of 4.73%.

Summary of domestic aggregate MDI market as of December 10:

Region, Wanhua goods, Shanghai goods

North China and Shandong 19000 yuan / ton 18300-18500 yuan / ton

East China 19000 yuan / ton 18400-18500 yuan / ton

South China 19000 yuan / ton 18400-18500 yuan / ton

Raw material pure benzene: the price of pure benzene fluctuated and strengthened. During the cycle, crude oil and styrene rose, while pure benzene rose with shocks. The market was cautious, the buying was light, and the increase of pure benzene was lower than that of upstream and downstream products.

Comparison chart of pure benzene (upstream raw material) – polymerized MDI price trend of business society:

Aniline: the domestic aniline Market is finishing downward. Pure benzene is weak, the cost side is weak, and the inventory raw materials are preferentially consumed in the downstream. The on-site buying gas is light, and the inventory of aniline factory is accumulated.

Comparison chart of aniline (upstream raw material) – polymerized MDI price trend of business society:

In terms of enterprises, Yantai Wanhua 1.1 million T / a plant operates normally; Ningbo Wanhua 1.5 million T / a plant phase I stopped on November 27 for 45 days; Phase II will stop on December 11 for 45 days. The 600000 T / a unit of Shanghai keschuang operates normally; The 380000 T / a unit of Shanghai Huntsman operates normally; Shanghai BASF 220000 T / a unit operates normally; Chongqing BASF 400000 T / a unit operates normally, and East Cao Ruian 80000 T / a unit operates normally.

In the future, business community aggregation MDI analysts expect that the domestic aggregation MDI market is depressed and mainly sorted out.

According to the bulk data monitoring of business society, the average price of acetic acid was 6160 yuan / ton on December 10. Compared with the price of 6250 yuan / ton on December 4, it was reduced by 90 yuan / ton within the week, a decrease of 1.44%, and the price fell by 13.24% month on month. As of December 4, the market price of acetic acid in various regions in China rose and fell as follows:

region December 4th December 10th Price rise and fall

South China 6300-6400 yuan / ton 6000-6100 yuan / ton – 300/-300

North China 6100-6200 yuan / ton 6050-6150 yuan / ton – 50/-50

Shandong region 6050-6200 yuan / ton 6050-6200 yuan / ton 0/0

Jiangsu region 6100-6200 yuan / ton 6000-6100 yuan / ton – 100/-100

Zhejiang region 6200-6300 yuan / ton 6100-6200 yuan / ton – 100/-100

The domestic acetic acid market is weak. Most of the acetic acid enterprises in the field mainly wait-and-see operation. The quotation in the week falls first and then stabilizes. The downstream demand continues to be weak. The market just needs to buy. The transaction of new orders in the market is insufficient. The acetic acid manufacturers negotiate to ship, and the transaction focus moves down. Most of the domestic acetic acid plants operate normally. The devices of individual enterprises in East China are overhauled, but the early inventory of enterprises is accumulated, The overall supply of goods in the market is still sufficient, and the operator’s mentality remains wait-and-see.

In the downstream, the ethyl acetate market fell first and then stabilized this week. The overall price fell by 2.51% during the week. As of December 10, the price of ethyl acetate in East China was 9066.67 yuan / ton. The main plant units started stably, the enterprise inventory was high, the market supply was sufficient, the downstream industry entered the traditional off-season, just needed to buy, the new orders were limited, and the ethyl acetate Market operated weakly and stably.

According to the acetic acid analysts of business society, at present, most domestic acetic acid manufacturers operate stably and the market supply is sufficient. Due to the weak downstream demand, the maintenance of individual enterprises has not brought too many benefits, but the market continues to decline in the short term. After the maintenance of Jiangsu Thorpe plant is completed in the later stage, the acetic acid market may operate in a weak position. Pay more attention to the market supply and downstream transactions.

According to the monitoring data of business society, as of December 9, the average ex factory price of domestic industrial grade dimethyl carbonate was 8800 yuan / ton. Compared with the price on December 5, 2021 (the reference price of dimethyl carbonate was 10166 yuan / ton), the average price was reduced by 1366 yuan / ton, a decrease of 13.44%.

It can be seen from the data monitoring chart of business society that the domestic dimethyl carbonate market has been running downward since last week. This week, the domestic dimethyl carbonate market continues to run downward, with a large decline, with a decline of 13.44% this week. Since the beginning of the week, the domestic market demand for dimethyl carbonate has been poor, the on-site wait-and-see mood is strong, and there are few new transaction orders. The focus of the on-site negotiation began to continue to go down. On Tuesday (December 7), the quotation of domestic dimethyl carbonate factories was significantly reduced by about 500-1000 yuan / ton, and the ex factory price of domestic dimethyl carbonate was referred to about 9000-9500 yuan / ton, The bearish atmosphere on the site is still strong, and the trading atmosphere is cold. Affected by the resumption of operation of units in some areas, the supply on the site increases in time, and the supply pressure of dimethyl carbonate also increases. In the middle of the week (August and September), the market price of dimethyl carbonate continues to decrease by 300-800 yuan / ton. As of December 9, the ex factory price of dimethyl carbonate in China is around 8600-9000 yuan / ton, The average price refers to 8800 yuan / ton. At present, the low price continues to suppress the mentality of the operators, the overall atmosphere in the venue is not improved, and the wait-and-see situation is continued.

In terms of index, the dimethyl carbonate commodity index on December 8 was 156.47, down 7.65 points from yesterday, down 37.41% from the highest point of 250.00 in the cycle (2021-10-26), and up 56.47% from the lowest point of 100.00 on June 6, 2021. (Note: the period refers to the period from June 1, 2021 to now)

In terms of upstream dimethyl ether, on December 8, the domestic dimethyl ether market continued to be weak as a whole and continued to decline mainly. The decline in Henan, the main production area, was mostly about 20-30 yuan / ton. The markets in Hebei and Shandong fell steadily, and the overall transaction atmosphere in the market was poor. Some manufacturers in Henan transferred out of the factory prices for the second time and made profits for shipment, but the enthusiasm for downstream market entry did not improve significantly, It is expected that the dimethyl ether market will continue to be weak in the short term.

Future trend analysis

At this stage, in the face of the increasing supply pressure and the slow follow-up of downstream demand, the supporting force for the significant improvement of the domestic dimethyl carbonate Market in the short term is still insufficient. The dimethyl carbonate data division of business society believes that recently, the domestic dimethyl carbonate market has mainly continued the weak and volatile operation, which does not rule out the possibility of continued downward exploration of prices, More attention should be paid to the specific changes at the supply and demand side.

At the beginning of December, the domestic liquefied gas market continued a weak trend as a whole, and the price continued to decline. The civil gas market in Shandong was mainly reduced by a narrow margin. However, with the sharp rebound of international crude oil on the 7th, the domestic liquefied gas market stopped falling, and some regions followed the upward trend. According to the data monitoring of business agency, the average price of liquefied gas in Shandong civil market was 5340.00 yuan / ton on December 1 and 5260.00 yuan / ton on December 7, with a decrease of 1.50% and an increase of 58.59% over the same period last year.

As of December 7, the mainstream prices of liquefied gas in various regions in China are as follows:

region Mainstream quotation

North China 5070-5250 yuan / ton

East China 4850-5100 yuan / ton

South China 5300-5520 yuan / ton

Shandong region 5200-5450 yuan / ton

In December, the domestic civil liquefied gas market continued to be weak, the focus continued to move downward, the decline in Shandong was limited, and the price fluctuated mainly in a narrow range. Entering this week, the market was dominated by positive factors, and the domestic liquefied gas market stopped falling. On the 7th, international crude oil rebounded sharply, bringing obvious support to the market. The LNG futures market rose sharply one after another, bringing certain benefits to the spot market. Although the price in Shandong has not increased significantly, the market transaction atmosphere has improved. On the whole, the prices in North China and Western China follow the upward trend in the domestic liquefied gas market.

The recent sharp rise of LPG futures market has given a certain boost to the spot market. On December 7, the opening price of LPG futures contract 2201 was 4397, the highest price was 4483, the lowest price was 4374, the closing price was 4475, the former settlement price was 4237, the settlement price was 4423, up 238, or 5.62%, the trading volume was 167186, the position was 62910, and the daily position was increased by – 7271. (quotation unit: yuan / ton)

At present, the international crude oil continues to rise, and the news is good for the market mentality. In addition, the upward trend of LPG futures has also brought a certain boost to the market. Although the civil gas in Shandong liquefied gas market has not increased significantly, the prices in some regions follow the upward trend of crude oil. At present, the supply of Shandong market has not changed much, and the overall refinery inventory is at a controllable level. It is expected that the price may increase in the short term.

According to the bulk list data of business society, as of December 7, the average price of domestic industrial lithium hydroxide enterprises was 174666.67 yuan / ton, an increase of 0.96% compared with the price on December 1, and a year-on-year increase of 21.58% in a three-month cycle.

The market of industrial lithium hydroxide rose this week. Recently, the price of raw material spodumene has operated strongly, the price of lithium carbonate has increased, the cost support is obvious, the downstream inquiry and procurement atmosphere has improved, and the demand has gradually warmed up, driving the price of lithium hydroxide to rise steadily.

Upstream lithium carbonate, according to the data monitoring of business agency: on December 6, the average price of industrial lithium carbonate in East China was 196600 yuan / ton, an increase of 1.34% compared with the price at the beginning of the month. On December 6, the average price of battery grade lithium carbonate in East China was 208000 yuan / ton, an increase of 1.46% compared with the price at the beginning of the month. The price of lithium carbonate continued to increase this week. With the arrival of the end of the year and the Spring Festival holiday, manufacturers in downstream industries have a strong mood of stock, and the purchase price is rising all the way, while the prices of large manufacturers are rising. In addition, overseas countries gradually enter the New Year holiday, so the port shipping schedule may be delayed, and the market supply will also have a certain impact and gap.

Lithium hydroxide analysts of business society believe that the current strong support on the cost side and the gradual warming of the market trading atmosphere support the manufacturer’s mentality. It is expected that the domestic industrial lithium hydroxide market may be dominated by strong operation in the short term.

1、 Price trend

According to the bulk data monitoring of business society, as of December 3, the average price of refrigerant R22 was 20666.67 yuan / ton, down 13.89% compared with the beginning of the week and up 44.19% compared with the same period last year

According to the bulk data monitoring of business society, as of December 3, the average price of refrigerant R134a was 39166.67 yuan / ton, down 18.97% compared with the beginning of the week and up 144.79% compared with the same period last year.

2、 Market analysis

This week, the refrigerant R22 market continued to decline, falling to about 20000 yuan. The raw hydrofluoric acid decreased by 9.34% to about 12000 yuan in the week, and the supporting force of the cost side decreased. In addition, the radius of R22 application field continued to narrow. Near the end of the year, the R22 price continued to decline before the stock arrangement demand of cargo holders increased. By the end of the weekend, the R22 market quotation was mostly in the range of 19000-23000 yuan / ton, The quotation in Shandong is about 20000-23000 yuan / ton, that in Zhejiang is about 19000-21000 yuan / ton, that in Hunan is about 20500-21000 yuan / ton, and that in Jiangsu is about 21000-22000 yuan / ton. Prices in various places have declined steadily.

The refrigerant R134a market continued to decline this week, falling below the 40000 mark, with the lowest price of about 35000. There were also lower prices in the market, and the focus fell sharply. Hydrofluoric acid, the raw material, dropped by 9.34% to about 12000 during the week. The cost side support declined, while the demand continued to be weak, the inventory pressure of enterprises increased, and the cargo holders began to sell at low prices. The market pessimism was strong. By the end of the weekend, the market quotation of R134a was in the range of 35500-42000 yuan / ton, that of Shandong was about 35500-42000 yuan / ton, and that of Zhejiang was about 35500-41000 yuan / ton, The quotation in Hunan is about 38000-39000 yuan / ton, and that in Jiangsu is about 38000 yuan / ton. Prices in various places have fallen.

In terms of raw materials, on December 6, the domestic hydrofluoric acid market price trend was temporarily stable, the on-site unit operation was stable, the supply of goods was normal, the market price trend of anhydrous hydrofluoric acid declined, and the recent rise of fluorite price trend had a certain supporting impact on the hydrofluoric acid market, but the operating rate of the downstream refrigerant industry was still at a low level, and the actual demand was at a low level, With regard to the Limited procurement of hydrofluoric acid and the recent decline of refrigerant market, it is expected that the market price of hydrofluoric acid may remain low.

3、 Future forecast

Business community refrigerant analysts believe that the price of raw materials decreased during the week, the cost support declined, the demand side continued to be weak, the enterprise inventory increased, and there was a strong rush to ship. It is expected that R22 and R134a may continue to maintain a weak downward trend in the short term.