1、 Price trend

According to the Commodity Market Analysis System of the Business Society, as of May 12th, the average price of refrigerant R22 was 20500.00 yuan/ton, which was generally unchanged from the beginning of the month and increased by 15.38% compared to the same period last year

According to the Commodity Market Analysis System of the Business Society, as of May 12th, the average price of refrigerant R134a was 25333.33 yuan/ton, which was unchanged from the beginning of the month and increased by 11.76% compared to the same period last year.

2、 Market analysis

In May, the price of upstream raw materials was generally weak. As of May 12, the domestic price of chloroform fell 11.7% and the domestic price of hydrofluoric acid fell 1.53% in the month. The cost of raw materials suppressed the price of domestic refrigerant R22 to a certain extent. Supported by the downstream demand, the enterprise quotation was generally stable, and the domestic R22 market price was generally stable this week.

As of May 12th, the domestic hydrofluoric acid price fell by 1.53% during the month, while the overall price of trichloroethylene remained stable at a low level, while the raw material price remained stable and weak. Affected by the peak season of refrigerants, the overall quotation of enterprises remained stable. This week, the domestic R134a price continued to remain stable and move forward.

In terms of raw materials, overall, the domestic price of hydrofluoric acid has once again fallen, and the overall low level of refrigerant raw materials is weak. The lower cost will form a certain pressure on future refrigerant prices.

3、 Future Market Forecast

According to refrigerant analysts from Business Society, under the low-pressure system of raw material costs, it is expected that the prices of domestic refrigerants R22 and R134a will decline to varying degrees in the short term.