1、 Price trend
According to the price monitoring of the business agency, the average price of the mainstream manufacturers on March 20 was 18333.33 yuan / ton, and the average price on the weekend (13 days) was 18333.33 yuan / ton. This week’s market is temporarily stable. On March 19, the R22 commodity index was 110.00, unchanged from yesterday, down 0.90% from 111.00 (2020-02-24), the highest point in the cycle, and up 31.89% from 83.40, the lowest point on October 14, 2019. (Note: cycle refers to 2019-09-01 till now)
2、 Market analysis
Product: R22 in refrigerant market this week is high and stable. In the near future, the market of hydrofluoric acid and chloroform at the raw material end is stable, and there is no obvious improvement at the demand end. It is just in demand, which is not conducive to the upward trend of refrigerant R22. However, supported by the favorable quota, the trend of refrigerant R22 is still strong. As of March 20, the average price of refrigerant R22 is about 18333.33 yuan / ton, and the quotation is mostly about 17500 yuan / ton – 19000 yuan / ton. The refrigerant R22 is in a high stable state.
Industry chain: this week, the price trend of hydrofluoric acid is temporarily stable. In the near future, the stock situation of manufacturers on the site has improved. Some manufacturers on the site have not resumed production. The domestic spot supply of hydrofluoric acid is normal, the purchase demand has increased, and the market price trend of hydrofluoric acid is temporarily stable. In the near future, the price of raw material fluorite remains high. The market price of hydrofluoric acid has been supported to some extent, and the price trend of domestic hydrofluoric acid remains high By the end of the week, the main flow of hydrofluoric acid negotiation in the South was 11000-12000 yuan / ton, and the price of hydrofluoric acid in the north market was 10500-11500 yuan / ton. Trichloromethane production enterprises have resumed production in succession, the market supply has increased substantially, and the downstream demand has not improved significantly, which is expected to fluctuate downward in a short period of time.
Industry: according to the price monitoring of the business agency, there are seven commodities in the list of commodity prices rising and falling on March 19, 2020, among which the top three commodities are isopropanol (3.52%), ammonium chloride (2.85%) and dichloromethane (2.62%). There are 20 kinds of commodities falling on a month on month basis, 3 kinds of commodities falling by more than 5%, accounting for 3.4% of the number of commodities monitored in this sector; the top 3 products falling are ox (- 8.00%), propane (- 6.57%), chloroform (- 5.88%). The average price of this day was – 0.54%.
3、 Future forecast
According to the refrigerant analyst of Business Club: at present, R22 is supported by quota and raw material end, and its price is firm, but it is dragged down by demand. It is expected that R22 will not have practical support in the short term, and it will continue to maintain stable operation.