1、 Price trend

According to the price monitoring of business agency, on March 13, the average ex factory price of mainstream manufacturers was 22500 yuan / ton, and at the beginning of the week (9 days), 22500 yuan / ton. This week’s market remained stable. On March 12, the R134a commodity index was 82.32, flat with yesterday, down 17.68% from the highest point of 100.00 (2019-09-02), up 1.50% from the lowest point of 81.10 on March 4, 2020. (Note: cycle refers to 2019-09-01 till now)

2、 Market analysis

Product: R134a market of refrigerant market is stable this week. At present, the market of hydrofluoric acid and chloroform at the raw material end maintains stable operation, the raw material end of refrigerant R134a supports strongly, and the terminal air conditioning industry returns to work one after another, but it has mainly been cleaned up, the demand for refrigerant is weak, the supply of refrigerant R134a market is still tight, and the market is stable. According to the price monitoring of the business agency, as of March 13, the market price of refrigerant R134a is concentrated at 22000 yuan / ton – 25000 yuan / ton.

Industrial chain: on March 13, the mainstream price of domestic anhydrous hydrofluoric acid manufacturers was 10500-11500 yuan / ton. The factory price of some manufacturers in the site was temporarily stable. The operation rate of domestic hydrofluoric acid manufacturers was average, the supply of goods in the site was slightly tight, and the market price in the site remained high. Terminal, air conditioning market is weak in purchase and sale, automobile industry is preparing goods for temperature return, which is good for refrigerant R134a price.

Industry: according to the price monitoring of the business agency, there are two kinds of commodities in the rise and fall list of bulk commodity prices on March 12, 2020, among which there is one kind of commodity with an increase rate of more than 5%, accounting for 1.1% of the number of commodities monitored in the plate; the top two commodities are liquid ammonia (6.10%) and phenylethylene (0.53%). There are 18 kinds of commodities falling on a month on month basis, and 1 kind of commodities falling by more than 5%, accounting for 1.1% of the number of commodities monitored in this sector; the top three products falling are crude benzene (- 9.00%), aniline (- 4.56%) and dichloromethane (- 4.00%). The average price of this day was – 0.35%.

3、 Future forecast

According to the refrigerant analyst of business club, at present, the raw material end of refrigerant R134a is strongly supported, which is dragged down by the demand end. It is expected that refrigerant R134a will be mainly consolidated in the short term.