Refrigerant prices remain stable and move forward (5.22-5.26)

1、 Price trend

 

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According to the Commodity Market Analysis System of the Business Society, as of May 26th, the average price of refrigerant R22 was 19000.00 yuan/ton, which was generally unchanged from the beginning of the month and increased by 17.14% compared to the same period last year

 

According to the Commodity Market Analysis System of the Business Society, as of May 26th, the average price of refrigerant R134a was 25166.67 yuan/ton, a decrease of 0.66% compared to the beginning of the month price of 25333.33 yuan/ton, and an increase of 18.9% compared to the same period last year.

 

2、 Market analysis

 

As of May 26, the domestic chloroform price continued to decline in a weak way, falling 6.38% in the month, hydrofluoric acid price fell 2.5% in the month, and the cost of raw materials continued to be weak. Supported by the peak season, the overall price of enterprises was stable, and the domestic R22 market price was stable this week.

 

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As of May 26th, the overall price of trichloroethylene in China remained relatively low and stable, while the price of hydrofluoric acid fell by 2.50% during the month. The overall raw material cost was weak, and the lower cost had a certain inhibitory effect on the domestic R134a price. Supported by demand expectations, the company’s quotation this week was temporarily stable.

 

In terms of raw materials, the domestic price of hydrofluoric acid continues to operate at the bottom, and the continuous low cost of raw materials will have a certain suppression on the domestic refrigerant prices in the future.

 

3、 Future Market Forecast

 

Refrigerant analysts from Business Society believe that the cost of raw materials continues to be weak, and under cost suppression, the prices of domestic refrigerants R22 and R134a will be under pressure in the short term, with overall stable to weak operation being the main focus.

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