Refrigerant Gas Weekly Report: Conclusion of May 2023

According to the commodity market analysis system of FRIOFLOR Refrigerant, as of May 31, the average price of refrigerant R22 was 20500.00 yuan/ton, compared with the beginning of the month overall flat, compared with the same period last year up 18.27%.

According to the commodity market analysis system of FRIOFLOR Refrigerant, As of May 31, the average price of refrigerant R134a was 25166.67 yuan / ton, down 0.66% from the price of 25333.33 yuan / ton at the beginning of the month, and up 19.84% compared with the same period last year.

In May, the domestic chloroform price stopped falling and rebounded slightly, the overall decline in the month was 3.19%, the price of hydrofluoric acid was 

weak, down 2.5% in the month, the cost of raw materials continued to fluctuate at a low level, the domestic R22 market price formed a certain suppression, 

supported by the upcoming peak season, the company's May offer price was relatively firm, and the domestic R22 market price in May remained stable as 

a whole.

In May, the domestic price of trichloroethylene was stable and weak, the price of hydrofluoric acid continued to be weak, down 2.5% during the month, the 

price of upstream raw materials continued to decline, export orders did not improve, the downstream automobile sales season has passed, and under the 

pressure of cost and demand, the overall pressure of domestic R134a price in May was weakly adjusted.

In terms of raw materials, the domestic hydrofluoric acid price continues to run weakly, on the whole, the current domestic hydrofluoric acid price is still at a low level, and the continuous low cost of raw materials will suppress the domestic refrigerant market price in the future market.

FRIOFLOR refrigerant analysts believe that the low cost of raw materials fluctuates, the refrigerant market supply is sufficient, the overall downstream orders are small, and under the suppression of many bearishness, it is expected that the overall price of domestic refrigerant R22 and R134a in June will continue to operate steadily and weakly, supported by the gradual recovery of refrigerant demand in the peak season, and the overall decline space is limited.