Refrigerant Gas Market Weekly Report (25 Sep - 30 Sep 2022)

This week, the refrigerant market maintained stability and consolidation, and the price of some raw materials continued to rise,

but the shortage of supply led to the reduction of production and operation of refrigerant plants. 

Weekly market characteristics:

the basic raw material methane chloride by the downstream hoarding price rose narrowly, trichloroethylene, tetrachloroethylene

high price rise, sulfuric acid price temporarily stable, fluorite powder price slightly probed, the core raw material hydrofluoric

acid cost support is strong, the future market has price increases; Trichloroethylene and tetrachloroethylene due to the

abnormal start of Binhua Group, Ronghui Chemical and Chongqing Tianyuan transportation restrictions led to tight supply,

aggravated the contradiction between supply and demand, the corresponding refrigerant R134a/R125 plant also reduced

production and operation, the price of new orders increased greatly. At present, the domestic refrigerant market demand is

acceptable, but the spot is insufficient, and the overall supply is less than demand; Near the end of the year, in order to

compete for more import quotas, the phenomenon of centralized procurement by foreign traders is more, which also

aggravates the contradiction between supply and demand. In addition, the future issuance method of domestic production of

HFCs refrigerant production quotas currently tends to be issued in carbon dioxide equivalents, and under the influence of

multiple factors, the operating load of HFCs product manufacturers depends more on the supply of raw materials.