Monthly Archives: November 2022

Tetrahydrofuran price in October

1、 Price trend of tetrahydrofuran

 

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(Figure: P value curve of tetrahydrofuran product)

 

2、 Market analysis

 

According to the data from the bulk list of business cooperatives, the price of tetrahydrofuran in this month rose first and then fell. The overall price of tetrahydrofuran was slightly reduced. At the beginning of the month, the average price of tetrahydrofuran was 17800.00 yuan/ton. In the middle and late of the month, it rose to 18675.00 yuan/ton, and then fell to 17725.00 yuan/ton at the end of the month, down 0.42% from the beginning of the month. The BDO on the raw material side was shocked and declined, the support on the cost side was weakened, the supplier’s attitude of keeping prices was dominant, the downstream maintained the follow-up of just needed orders, the overall inventory in the market was high, and the manufacturers of the goods gave way to profits for discussion, so the focus of delivery and investment did not fluctuate much.

 

The tetrahydrofuran analysts of the business community believed that the domestic tetrahydrofuran cost support was weakened. Although the downstream market of PTEMG spandex was strong, the downstream maintained the demand for orders to follow up, and the manufacturer’s quotation followed the market. In the short term, the overall market still has room for decline.

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Refrigerant market price fluctuated in October

1、 Price trend

 

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According to the monitoring data of the business community, as of October 31, the average price of refrigerant R22 was 18666.67 yuan/ton, unchanged from the beginning of the month and 29.11% lower than the same period last year

 

According to the monitoring data of the business community, as of October 31, the average price of refrigerant R134a was 25833.33 yuan/ton, 0.64% lower than the price of 26000.00 yuan/ton at the beginning of the month, and 49.01% lower than the same period last year.

 

2、 Market analysis

 

The refrigerant R22 fundamentals did not fluctuate much in October, and the enterprise’s offer was stable as a whole. The price of raw material trichloromethane fell by 7.36% in the month, and the price of hydrofluoric acid rebounded by 4.72% in the month. The overall cost of raw materials fluctuated slightly. In addition, the demand for refrigerant in the fourth quarter decreased year on year. The small rise in the price of hydrofluoric acid played a limited role in supporting the domestic R22 price. In October, the domestic R22 market price kept stable as a whole.

 

In October, the price of trichloroethylene was weak as a whole and stabilized, falling by about 5% in the month. In October, the domestic hydrofluoric acid price rebounded slightly, rising by 4.72% in the month. In general, the upstream raw material cost is still at the bottom of the market, which fluctuates slightly. In addition, the overall demand for refrigerant turns weak in winter, and the downstream has a strong wait-and-see attitude. The R134a price is in a dilemma, and the R134a price is stable and weak in Ouyue.

 

3、 Future market forecast

 

Refrigerant analysts from the business community believe that the overall position of the cost of domestic upstream refrigerant raw materials in October moved forward slightly, and the prices of some raw materials fell slightly. Affected by the weakening of refrigerant demand in the fourth quarter, it is expected that the overall prices of domestic R22 and R134A will fall to varying degrees in November.

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