1、 Price trend

According to the Commodity Market Analysis System of the Business Society, as of April 21, the average price of refrigerant R22 was 20500.00 yuan/ton, a decrease of 1.60% compared to the price of 20666.67 yuan/ton at the beginning of the month and an increase of 16.04% compared to the same period last year

According to the Commodity Market Analysis System of the Business Society, as of April 21, the average price of refrigerant R134a was 25333.33 yuan/ton, a slight decrease of 0.65% compared to the beginning of the month price of 25500.00 yuan/ton, and an increase of 2.70% compared to the same period last year.

2、 Market analysis

In the middle of April, the domestic trichloromethane price recovered slightly after stabilizing, falling by 3.74% overall in the month, and the hydrofluoric acid price rebounded slightly after hitting the bottom, rising by 5.69% at the low level in the month. In general, the domestic R22 upstream raw material price is still at a low level at present, and the continuous low cost shock has suppressed the domestic R22 price to a certain extent. The domestic R22 market price is stable, weak and running on the whole this week.

Entering mid April, the overall domestic price of trichloroethylene remained stable and advanced this week, while the price of hydrofluoric acid remained stable after a slight rebound within the month. The raw material cost remained relatively low and advanced steadily, while the raw material cost continued to fluctuate at a low level. The overall upward momentum of domestic R134a prices was insufficient, and the overall domestic R134a price remained stable and advanced this week.

Overall, although the domestic price of hydrofluoric acid has rebounded to some extent, it is still at a relatively low level compared to previous years. The sustained low volatility of raw material costs will form a certain pressure on the domestic price of R134a.

3、 Future Market Forecast

Refrigerant analysts from Business Society believe that raw material costs continue to fluctuate and decrease, and under cost suppression, it is expected that the overall domestic R22/R134a prices will continue to maintain a stable, moderate, and weak operating trend in the short term. Supported by the increasing demand for hot refrigerants due to the gradually changing weather, the overall downward space in the future is limited.