Refrigerant Gas Price Conclusion and Prediction (January,2023)

According to the monitoring data of business agencies, as of January 31, the average price of refrigerant R22 was 18500.00 yuan / ton, a slight increase of 0.91% from the price of 18333.33 yuan / ton at the beginning of the month, and an increase of 3.16% compared with the same period last year

According to the monitoring data of the business agency, as of January 31, the average price of refrigerant R134a was 24500.00 yuan / ton, which was generally flat from the beginning of the month and down 12.50% compared with the same period last year.

In January, the fundamentals of refrigerant R22 did not fluctuate much, and the overall stability before the holiday, after the Spring Festival, some enterprises resumed work slightly raised the factory price, driving the domestic refrigerant R22 price to rise slightly at the end of the month. The price of upstream raw material chloroform rose by 5.49% within the month, and the price of hydrofluoric acid fell sharply by 12.57%, on the whole, the cost of raw materials showed a downward trend, affected by the refrigerant trade has not fully recovered after the year, and the domestic refrigerant market price is mostly stable.

After New Year's Day, the price of upstream raw material hydrofluoric acid continued to be weak, down 12.57% overall in January, the price of trichloroethylene continued to run weakly, and the cost of raw materials continued to decline, affected by the fact that some enterprises have not resumed production, the relatively low inventory of enterprises and the light trading of refrigerants after the Spring Festival, the price of refrigerant R134a in January remained stable and moving forward.

In terms of raw materials, the domestic price of hydrofluoric acid has fallen sharply, and the continued weak adjustment of raw material costs will suppress the domestic R134a price in the future market.

Business refrigerant analysts believe that the market supply has not fully recovered in the short term, and the domestic refrigerant market price will continue to remain stable. Suppressed by the continued weakness of upstream raw material prices, it is expected that domestic R22 and R134a prices will be under overall pressure in February.