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Supply and Demand Gaming in January, Refrigerant Market Price Rose and Fell in Different Companies

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Supply and Demand Gaming in January, Refrigerant Market Price Rose and Fell in Different Companies

Refrigerant Gas and Related Raw Material Supply and Demand Gaming in January


1. Price trend of R22 and R134a 

R22 refrigerant price in January


According to the monitoring of the bulk data of the business agency, as of January 26, the average price of refrigerant R22 was 14,000 yuan/ton, a decrease from the price of 14,333.33 yuan/ton at the beginning of the month, and a decrease of 2.33% during the month and a decrease of 22.94% compared with the same period last year. 


R134a refrigerant price in January


According to the bulk data monitoring of the business agency, as of January 26, the average price of the refrigerant R134a was 19,166.67 yuan/ton, an increase from the price of 17,500 yuan/ton at the beginning of the month. The month's increase was 12.38%, which was 15.71% lower than the same period last year.


2.Price trend of raw material 

hydrofluoric acid

On January 26, the mainstream price of domestic anhydrous hydrofluoric acid manufacturers was 10,000-10,500 yuan/ton. The ex-factory price trend of on-site merchants rose slightly. The operating rate of domestic hydrofluoric acid manufacturers was average, and the supply of on-site sources was slightly Obviously nervous, affected by the increase in fluorite prices, but the downstream refrigerant industry demand is general, on-site on-demand procurement is the main, and it is expected that the on-site price may rise slightly in the later period.

raw material hydrofluoric acid price in January


Trichloromethane

Recently affected by poor downstream market demand, the price of chloroform in Shandong has continued to fall, and the trade in the industry is light. Although it is approaching the Spring Festival holiday, the downstream stocking intentions are flat, and the inventory of chloroform manufacturers has accumulated to a certain extent. Forced to make profit shipping. At present, the price of Shandong area is about 2640-2720 yuan/ton, the price of Jiangxi Leeman is about 3,600 yuan/ton, and the price of Jiangsu area is about 3700 yuan/ton. At present, there are many negative factors in the chloroform market, and it will take time for the demand side to return to normal. The situation of oversupply in the industry is obvious. It is expected that the price of chloroform will be weak and stable in a short period of time.

Raw Material CHCl3 price trend in January


3. Market analysis

R22

the price of refrigerant R22 fell this month, and the market was running weak. Mainly due to the opening of the new R22 quota in 2021, and the recent impact of the Hebei epidemic, raw material chloroform companies have cut prices to prevent excessive inventory pressure in the market, and the cost support has gradually declined, causing R22 companies to be unable to support the market and prices have fallen. In addition, the demand side continued to be weak, exports and domestic sales were in general performance, approaching the end of the year, the downstream holidays were early, and market demand gradually stagnated. The price of refrigerant R22 declined steadily this month. At present, the market price of R22 is mostly in the range of 1,4000-15,000 yuan/ton, the transaction price is low, and there are not many enterprises receiving orders. The short-term price is stable, and the market outlook is expected to be lowered.


R134a

 the price of refrigerant R134a rose this month, and the market was on the strong side. Mainly due to the overhaul of part of the raw material hydrofluoric acid equipment, the spot supply on the site was slightly tight, and the price trend continued to rise after New Year's Day. The price increased by 5.67% from the price of 9530 yuan/ton at the beginning of the month. The price of raw materials rose and the refrigerant manufacturers reduced their load. Support R134a price rise. The current demand is poor, downstream companies have suspended work for holidays, traders have delisted from the market, and logistics in some areas have been suspended. The current market quotation of refrigerant R134a is mostly in the range of 19000-22000 yuan/ton, the price is high, but the transaction atmosphere is general, and the short-term price Hold steady, not going down.


4. Market outlook forecast

Refrigerants analysts of the Business Club believe that the current raw materials are rising, the supply is tight, and the cost side is supportive. However, as the Spring Festival approaches, downstream companies have holidays one after another, demand has gradually stagnated, business owners supply orders, and market conditions have stabilized. It is expected that the refrigerant market will remain stable in the short term, and the market outlook may fluctuate with the price of raw materials.


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