I. price trend

According to the price monitoring of business agency, the ex factory price of domestic refrigerant R22 fell sharply this week. On October 8, the average ex factory price of mainstream manufacturers was 14333.33 yuan / ton, and on the weekend (27 days), the average price was 13900 yuan / ton, down 3.02% in the week, down 24.88% year-on-year.

II. Market analysis

Product: the market price of R22 in refrigerant market continues to decline this week, the price of hydrofluoric acid in upstream continues to decline, and the cost of refrigerant is insufficient. Major air-conditioning manufacturers have stepped out of the maintenance period in succession, but the demand has not been significantly improved, refrigerant R22 continues to decline, and the profit is basically close to the cost. According to the data monitoring of Yishe society, as of October 13, the quotation of R22 of Zhejiang Juhua Co., Ltd. is 16000 yuan / ton, that of Quzhou Jiuzhou Chemical Co., Ltd. is 12500 yuan / ton, that of Zhejiang lengwang science and Technology Co., Ltd. is 13200 yuan / ton, that of Longxun trade is 12500 yuan / ton, and the price is concentrated in 12500 yuan / ton – 16000 yuan / ton.

Industry chain: the price trend of upstream products in domestic hydrofluoric acid market has declined. According to the data of business association as of the 11th day, the current mainstream of hydrofluoric acid negotiation in southern China is about 9000-9500 yuan / ton, and the price of hydrofluoric acid in northern China is 9000-10000 yuan / ton. The domestic market price of hydrofluoric acid keeps a low level, and the supply of spot goods is sufficient, but the demand is poor, and the market price of hydrofluoric acid drops slightly.

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%). This week’s average was – 0.87%.

III. future forecast

According to the refrigerant analyst of the business club, the raw material end of refrigerant R22 is not well supported, the terminal demand is not significantly improved, and the profits of refrigerant R22 manufacturers are close to the cost. In the near future, some manufacturers have maintenance plans. Under the quota limit, traders have the sense of hoarding. It is expected that R22 will be consolidated in the short term.