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Refrigerant prices collectively "jump up"

Views:21     Author:Site Editor     Publish Time: 2021-09-02      Origin:Site

Refrigerant prices collectively "jump up"

In the past week, the prices of domestic refrigerants such as R22, R134a, R125, R410a have risen collectively, and the industry is booming!


   On August 30, affected by the news that refrigerant prices continued to rise, refrigerant stocks performed strongly. As of the close, Yonghe shares have closed their daily limit, Lianchuang shares rose by more than 5%, and Sanmei shares, Duo Fluoride, and Juhua shares followed the rise.


   Among them, Yonghe shares and Lianchuang shares have increased by more than 5 times during the year, and the year-to-date increases are 560.21% and 555.77% respectively;


   The share price of Juhua, a leading refrigerant company, nearly doubled during the year. What are the reasons behind the constant rise of concept stocks that deserve our attention?


   Welcome the peak demand season, the price of refrigerants "increases endlessly"


   Refrigerants are also seen everywhere in our daily lives. For example, in white goods, air conditioners account for 78% of refrigerants, refrigerators account for 16%, and cars account for 6%.


        According to national statistics, the cumulative year-on-year growth rate of my country's air-conditioning and refrigerator production from January to July this year reached 17.3% and 11.3%, respectively, maintaining double-digit growth; domestic automobile production increased by 17.2% year-on-year, which greatly increased the demand for refrigerants. .


   Driven by demand, domestic refrigerant prices began to rise for the first time since the end of 2020. By August this year, refrigerant prices fell slightly, and then rebounded soon after opening the upward channel again. Recently, the upward trend has been accelerated.


       According to data from Baichuan, the price of the third-generation refrigerant R125 (pentafluoroethane) soared by 14.29% to 40,000 yuan/ton on the 27th, an increase of 48% from the previous week, an increase of 70.2% from the beginning of August, and a year-on-year increase of 175%. , Hitting a record high, and showing an accelerating trend. All other varieties hit new highs in several years.


   CITIC Securities Wang Zhe said that with the boost in downstream demand, the prices of major products have risen rapidly, and it is expected that the industry’s long-term turning point will loom.


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