1、 Price trend

According to the Commodity Market Analysis System of the Business Society, as of August 18th, the average price of refrigerant R22 was 21100.00 yuan/ton, a decrease of 0.78% from the beginning of the month’s price of 21266.67 yuan/ton, and an increase of 20.57% compared to the same period last year

According to the Commodity Market Analysis System of the Business Society, as of August 18th, the average price of refrigerant R134a was 24766.67 yuan/ton, which is the same as the beginning of the month and an increase of 1.78% compared to the same period last year.

2、 Market analysis

As of August 18th, the domestic price of trichloromethane has slightly declined, with a 3.03% drop within the month. The price of hydrofluoric acid has slightly rebounded, with a 0.88% increase within the month. Upstream raw material prices have slightly declined. This week, some enterprises have slightly lowered the factory price of R22, driving a slight decline in the domestic R22 market price.

As of August 18th, the domestic price of trichloroethylene has continued to operate at a low level, while the price of hydrofluoric acid has slightly rebounded, rising by 0.88% within the month. The cost of raw materials has remained low, and supported by the demand for summer refrigerants, the overall domestic price of R134a has remained stable and advanced this week.

In terms of raw materials, overall, the domestic hydrofluoric acid prices continue to be relatively low, and the domestic refrigerant market prices will continue to be under pressure in the future.

3、 Future Market Forecast

According to refrigerant analysts from Business Society, the upstream raw material costs are fluctuating, and the overall inventory of the refrigerant industry is low. In the third quarter, downstream demand remains high, and manufacturers have a strong attitude towards price support. They are playing a long short game, and it is expected that the prices of domestic refrigerants R22 and R134a will continue to fluctuate slightly at the current level in the short term.