Views: 0 Author: Site Editor Publish Time: 2022-12-02 Origin: Site
Refrigerant: weak stalemate between supply and demand after narrow consolidated operation
This week, the refrigerant market weak downward, some raw material prices continued to fall weekly.
Market Characteristics: On the cost side, fluorite powder and hydrofluoric acid are reduced due to abnormal production, and the supply of
goods is tight to support high prices. In addition, other basic raw materials methane chloride, trichloroethylene, tetrachloroethylene, sulfuric
acid, liquid chlorine, calcium carbide by the weak downstream demand impact, prices have been reduced by different ranges. Recently,
affected by the outbreak of many domestic epidemics, strict epidemic prevention policies have led to transportation restrictions and reduced
market trading. On the side of refrigerant product itself, HCFC-22 is expected to be exhausted due to the annual quota of the factory and the
significant reduction of ODS quota in 2023. The overall supply of goods is tight, resulting in a strong seller's market and a strong short-term
price. HFC refrigerants prices leads to loose costs due to the off-season demand market, domestic and foreign demand shrinks, and the
recent continuous decline in raw material , the overall production and sales are weak.
Taken together, the refrigerant market supply and demand sides weak stalemate situation is difficult to improve, the future will be narrow
consolidated operation.
