According to a large number of data monitored by business associations, the domestic R22 ex-factory price fell slightly this week. By the end of the week (8.02), the domestic R22 ex-factory price was 17,600 yuan/ton, 2.22% lower than the trend of 18,000 yuan/ton at the beginning of the week (7.29), and 4.86% lower than the same period last year.
II. Market Analysis
Products: This week, the domestic R22 factory price slightly declined. This year, the refrigerant market was slightly depressed. There was once a low price stalemate and the peak season was not strong. At present, R22 refrigerant production enterprises have stable installations, but the pressure of moving goods is too high, the stock expands to a certain extent, and the enterprises aim to make profits for delivery. From the market demand, downstream weakness continues, the peak season of refrigerant has passed, and the demand has only decreased but not increased. The price of basic raw materials for fluorine chemical industry has fallen, and the cost is difficult to support. The cost side of refrigerant is insufficient to support, which makes it unfavorable. According to the data monitoring of business associations, as of August 02, the price of Zhejiang Juhua Co., Ltd. was 17,800 yuan/ton, Quzhou Jiuzhou Chemical Co., Ltd. was 17,000 yuan/ton, Shandong Yue’an New Materials Co., Ltd. was 18,000 yuan/ton, Zhejiang Lengwang Science and Technology Co., Ltd. was 17,000 yuan/ton, and Hunan Longxun Trade Co., Ltd. The company’s price is 16,000 yuan/ton, and the market price (business Association data) is mostly concentrated between 16,000 and 18,000 yuan/ton.
Industry chain: The upstream product anhydrous hydrofluoric acid market trend slightly declined, the price at the end of the weekend (8.05) was 11 610 yuan/ton, down 3.25% from 12 000 yuan/ton at the beginning of the week (7.29), up 5.23% year-on-year. Enterprises reflect that the current on-site hydrofluoric acid spot supply is sufficient, the recent on-site shopping situation is general, the price has declined, the refrigerant R22 support is weak. The domestic trichloromethane market of upstream products is weak. In recent days, the price of chloroform has fallen sharply. The overall supply of the market is still acceptable. Enterprises’shipments are smooth. Influenced by the low start of refrigerant market, the demand for trichloromethane is poor, and the chloroform market continues to weaken.
Large downstream air-conditioning enterprises maintain just demand, lack of enthusiasm for inventory, decline in refrigerant consumption, shortage of refrigerant demand, end of air-conditioning refrigeration year, drag down demand, decline in refrigerant consumption of R22 refrigerant, the phenomenon of weakness is difficult to change.
3. Future Market Forecast
Business Cooperative Refrigerant Analysts believe that the current refrigerant R22 peak season has passed, demand continues to decline, R22 market shocks down, continue to decline. The price of raw material hydrofluoric acid and trichloromethane has fallen, the cost side of refrigerants is insufficient, and the negative situation of oversupply in the market continues. In a word, the future market of R22 refrigerants is mainly characterized by low oscillation.