Market Forcast of Refrigerant Gas and Dynamic Price of Fluorine Chemical Products upon the Strong Support of Material Cost

Last week (March 1-7), explosive control was upgraded during the China two sessions period. The supply of fluorite was small and the quotation was firm. However, due to the weak downstream demand, the actual price rise was weak. 97% of the mainstream quotation of fluorite powder was 2700-2800 Yuan / ton;

      Anhydrous hydrofluoric acid: In March, the operating rate of anhydrous hydrofluoric acid enterprises has rebounded, and the operating rate of domestic anhydrous hydrofluoric acid enterprises is about 70%. There is a slight expansion of the storage in the early stage of the enterprise, and the downstream refrigerant enterprises have lower prices Mentality, the price of anhydrous hydrofluoric acid has a downward trend, and the transaction price is around 9,500 yuan/ton;

      Refrigerants: The prices of dichloromethane and trichloroethane at the raw material end continue to rise, and the quotations are around 3550 yuan/ton and 7,400 yuan/ton respectively. The ex-factory price of tetrachloroethylene has been lowered, and the reference price is around 6,600 yuan/ton. 

Affected by rising raw material prices and strong cost support, the market for refrigerants R32 and R125 is weak to maintain stability. The mainstream transaction prices are respectively 13,000 yuan/ton and 27,000 yuan/ton; the downstream demand for R134a is poor, and the market is steadily weakening. The mainstream market offers 18800 yuan/ton. 

Market forecast: The macro situation of domestic refrigerant overcapacity remains unchanged, and competition is fierce. Subsequent prices are expected to change mainly due to fluctuations in raw material prices.