1、 Price trend

According to the Commodity Market Analysis System of Business Society, the average price of refrigerant R22 on October 31 was 217666.67.00 yuan/ton, an increase of 1.24% compared to the average price of 21500.00 yuan/ton on October 1 and a year-on-year increase of 16.61%

According to the Commodity Market Analysis System of Business Society, the average price of refrigerant R134a on October 31 was 27833.33 yuan/ton, an increase of 7.05% compared to the price of 26000.00 yuan/ton on October 1 and 7.74% compared to the same period last year.

2、 Market analysis

In early October, the price of refrigerant R22 raw materials rose again, while the price of chloroform slightly increased. The price of hydrofluoric acid continued to rise, and with the support of rising raw material costs, manufacturers successively raised the factory price of R22, driving the market price of refrigerant R22 to rise slightly. In mid to late October, the domestic price of trichloromethane rose slightly and fell slightly, with an overall decrease of 2.12% during the month. The overall increase in hydrofluoric acid prices stabilized and then remained stable, with an overall increase of 8.03% during the month. Downstream raw material costs fluctuated and stabilized, and R22 market prices subsequently remained stable and advanced.

In October, domestic hydrofluoric acid prices continued to rise, but after stabilizing in the latter half of the month, they slightly declined. Overall, the price of trichloroethylene rose by 8.03% during the month, and with the support of higher raw material costs, manufacturers raised the factory price of R134a at the beginning of the month, driving a comprehensive rebound in the domestic R134a market price. With the fluctuation and stabilization of raw material costs, coupled with the rapid increase in refrigerant prices, which to some extent suppressed terminal consumption, some manufacturers have slightly lowered their factory prices to ensure shipment, driving the domestic refrigerant R134a price to rise slightly in late October and then move forward steadily.

In terms of raw materials, the overall increase in domestic hydrofluoric acid prices in October stabilized and then moved forward slightly. The sustained high operation of hydrofluoric acid prices will provide strong support for the bottom of the refrigerant market prices in the future.

3、 Future Market Forecast

Refrigerant analysts from Business Society believe that the increase in raw material costs is stabilizing, and the market supply and demand are stable. It is expected that the prices of domestic refrigerants R22 and R134a will continue to remain at the current level and undergo slight consolidation in November.