Views: 0 Author: Site Editor Publish Time: 2023-10-13 Origin: Site
This week, driven by the continued rise in raw material prices and strong foreign trade demand, the supply side has a strong selling mentality, and the price of mainstream refrigerants has risen again.
Weekly market characteristics: the price of fluorite powder, the upstream basic raw material product, is high, and the price of AHF continues to rise driven by tight supply, rising costs and improved downstream demand, which boosts the price of downstream refrigerants, with a price increase of nearly 10% compared with the end of August;
Chloroform is in tight supply, with prices rising by more than 16% month-on-month; The tight supply of TCE and PCE supported the high price shock, and on the whole, the recent continuous rise in raw material prices led to the strengthening of refrigerant cost support, among which, the prices of R134a and R125 increased by 17% compared with the end of August; The price of raw material grade R22 and R32 increased by 21% and 9% respectively.
In addition, considering the long shipping schedule and export license cycle, approaching the fourth quarter, foreign trade procurement is active, and export orders are sufficient to support the factory's production reduction and upward mentality. It is worth noting that during the Hangzhou Asian Games, the traffic control of hazardous chemical vehicles will have a greater impact on the delivery of orders from FRIOFLOR, further aggravating the imbalance between supply and demand in the industry, and it is expected that under the multiple favorable effects such as rising costs, strong foreign trade demand and the shortage of some raw materials, the refrigerant market will still be strongly probing and operating in the short term.
