I. price trend

According to the price monitoring of the business agency, the ex factory price of R134a refrigerant in China fell this week. On October 8, the average ex factory price of the mainstream manufacturers was 24333.33 yuan / ton, and on the weekend (12 days), the average price was 23833.33 yuan / ton, down 2.059% in the week, down 18.75% compared with the same period last year.

II. Market analysis

Products: the market price of R134a in the refrigerant market has declined significantly this week, the price of hydrofluoric acid in the upstream has declined, and the cost support for the refrigerant is insufficient. The major air conditioning manufacturers have stepped out of the maintenance period, but the demand has not improved significantly. At present, the start-up of R134a manufacturers is low, the production is based on sales, the terminal demand is not high, the inventory of major air conditioning manufacturers is still sufficient, and the automobile industry is weak. Buying gas is flat, which is bad for refrigerant R134a. As of October 12, R134a of Zhejiang Juhua Co., Ltd. has quoted 26000 yuan / ton, R134a of Quzhou Jiuzhou Chemical Co., Ltd. has quoted 22500 yuan / ton, R134a of Zhejiang lengwang technology has quoted 23000 yuan / ton, R134a of Yuemei Chemical Co., Ltd. has quoted 25000 yuan / ton, R134a of Longxun trade has quoted 23500 yuan / ton, and R134a of Yumei Chemical Co., Ltd. has quoted 27000 yuan / ton.

Industry chain: the mainstream price of upstream products of domestic anhydrous hydrofluoric acid manufacturers is 9500-10000 yuan / ton, and the factory price of some manufacturers in the field remains low. The domestic hydrofluoric acid manufacturers have a general operating rate, and the supply of goods in the field is sufficient, and the market price trend in the field is temporarily stable. The price of domestic trichloromethane of upstream products continued to decline, and the supply of the industry was relatively stable. Downstream major air-conditioning manufacturers have stepped out of the maintenance period one after another, the output of the automobile industry is flat, the demand for refrigerant R134a is not high, and there is no good support.

Industry: according to the price monitoring of the business agency, in the 40th week of 2019 (10.7-10.11), there are 0 rising commodities, 2 falling commodities, and 3 rising and falling commodities. The main commodities falling were hydrofluoric acid (- 2.69%) and aluminum fluoride (- 1.64%). Average gains and losses this week were -0.87%.

III. future forecast

According to the refrigerant analyst of the business club, the raw material end of refrigerant R134a is weak and the terminal demand is not high. At present, there is no obvious positive support. It is expected that the price of refrigerant R134a will be weak and consolidated in the short term.