1、 Price trend
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According to the Commodity Market Analysis System of Business Society, as of May 10th, the average price of refrigerant R22 was 24666.67 yuan/ton, a decrease of 0.67% from the beginning of the month price of 24833.33 yuan/ton, and an increase of 20.33% compared to the same period last year
According to the Commodity Market Analysis System of Business Society, as of May 10th, the average price of refrigerant R134a was 31100.00 yuan/ton, an increase of 0.32% from the beginning of the month’s price of 31000.00 yuan/ton, and an increase of 22.76% from the same period last year.
2、 Market analysis
Entering May, the overall price of trichloromethane in China remained stable, while the price of hydrofluoric acid slightly rebounded, rising by 0.69% during the week. The slight increase in raw material costs further supported the domestic refrigerant prices. Some enterprises slightly lowered the factory price of R22 to stimulate shipments, driving the domestic R22 market price to fluctuate slightly. Overall, the overall domestic R22 market price is still operating at a high level.
Entering May, the domestic price of trichloroethylene slightly rebounded, rising by 0.31% during the week. The price of hydrofluoric acid continued to rise, rising by 0.69% during the week. The overall raw material cost continued to rise, while the downstream demand for refrigerants remained unchanged. Supported by cost and demand, the domestic R134a price fluctuated strongly this week.
3、 Future Market Forecast
According to refrigerant analysts from Business Society, supported by costs and demand, it is expected that domestic R22 and R134a prices will continue to remain high and strong in the short term.
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