1、 Price trend

According to the price monitoring of the business agency, the average ex factory price of the mainstream manufacturers on May 19 twenty-one thousand three hundred and thirty-three point three three Yuan / ton, down from the previous day 1.54% 。 On May 18, R134a commodity index was seventy-nine point two seven , flat with yesterday, a new low in the cycle, higher than the highest point on September 2, 2019 one hundred It’s down 20.73% 。 (Note: cycle refers to 2019-09-01 till now)

2、 Market analysis

Product: R134a refrigerant market was weak on the 19th. In the near future, the price of raw materials continues to decline, the support of cost end weakens, and the terminal demand is still weak. Refrigerant R134a is mostly used in the field of automobile air conditioning, but at present, the automobile industry has not fully recovered its capacity, and the demand is limited. At the same time, new capacity such as domestic feiyuan chemical industry is released, and there is abundant supply in the field, so there is room for further decline in the future. According to the price monitoring of the business agency, as of May 19, the market price of refrigerant R134a was concentrated around 18000 yuan / ton to 24000 yuan / ton, and the actual price was relatively low.

Industry chain: in recent years, the price of domestic hydrofluoric acid market has continued to decline due to the fall of downstream market price and the lower price of upstream fluorite. Most manufacturers have reported a serious loss of hydrofluoric acid in recent years. Overall, the price of domestic hydrofluoric acid market has continued to fall due to the negative impact. As of 15 days, the average price of domestic hydrofluoric acid market is 8830 yuan / ton. Recently, the domestic hydrofluoric acid market continues to decline. The mainstream of hydrofluoric acid negotiation in Fujian Province is 7500-9000 yuan / ton, that in Shandong Province is 8000-9000 yuan / ton, that in Jiangxi Province is 7500-9000 yuan / ton, and that in Inner Mongolia is 7500-8500 yuan / ton. The supply of hydrofluoric acid market is sufficient , the market price continued to fall.

Industry: according to the price monitoring of the business agency, there are 19 kinds of commodities in the rise and fall list of bulk commodity prices on May 18, 2020, among which there are 3 kinds of commodities with an increase of more than 5%, accounting for the number of commodities monitored in this sector 3.4% ; the top three commodities were ethylene（ 19.61% ）Trichloromethane（ 10.53% ）, octanol（ 6.67% )。 There are 13 commodities falling on a month on month basis, and 1 commodity falling by more than 5%, accounting for the number of commodities monitored in this sector 1.1% ; the first three products were potassium chloride (- 13.53% ）, hydrochloric acid (- 3.18% ）, butanone (- 2.63% )。 The average rise and fall of this day is 0.32% 。

3、 Future forecast

According to the refrigerant analyst of business club, at present, the supply of refrigerant R134a is sufficient, but the demand still hasn’t improved, and the market trading is weak. It is expected that the market of refrigerant R134a will continue to decline in the short term.