1、 Price trend

According to the monitoring data of the business community, as of November 18, the average price of refrigerant R22 was 18433.33 yuan/ton, 1.25% lower than the price of 18666.67 yuan/ton at the beginning of the month, and 28.18% lower than the same period last year

According to the monitoring data of the business community, as of November 18, the average price of refrigerant R134a was 25333.33 yuan/ton, 1.94% lower than the price of 25833.33 yuan/ton at the beginning of the month, and 49.33% lower than the same period last year.

2、 Market analysis

Refrigerant R22 fundamentals did not fluctuate much this week. The price of raw material trichloromethane fell sharply in November, the overall price of hydrofluoric acid continued to rise in November, and the cost of raw materials fell again. The downstream trade was more cautious in purchasing and selling. In addition, the winter was the slack season for refrigerant demand. Refrigerant enterprises had difficulty in shipping. Under the pressure of cost, the price of refrigerant R22 continued to operate under pressure and weak.

As of November 18, the price of hydrofluoric acid continued to rise slightly, with a slight increase of 2.19% in the month. The price of trichloroethylene continued to be weak, with a decline of about 5% in the month. The cost of raw materials continued to decline as a whole. Under the pressure of cost, the price of refrigerant R134a continued to adjust weakly this week.

In terms of raw materials, the domestic price of hydrofluoric acid continued to run strongly in November. Although the price of hydrofluoric acid has rebounded from the bottom, there is still a certain gap compared with the price at the beginning of the year. In addition, in the slack season of refrigerant demand in the fourth quarter, the slight rise in the price of some raw materials has limited support for the overall price of refrigerant in the future market.

3、 Future market forecast

Refrigerant analysts from the business community believe that, under the pressure of low raw material costs and weak demand, the prices of domestic refrigerant R22 and R134a have warmed up and come under pressure. It is expected that there will still be some room for decline in the short term.