Price Trend
According to a large number of data monitored by business associations, domestic R 134a factory price slightly declined this week, with the price at the end of the week (8.02) at 28166.67 yuan/ton, down 0.59% from the price at the beginning of the week (7.29) at 28333.33 yuan/ton, and down 3.98% compared with the same period last year.
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II. Market Analysis
Products: At present, domestic refrigerant R134a downstream demand is weak, the market is weak and stable. The refrigerant market has been slightly depressed this year, with a low price stalemate and a low peak season. The anhydrous hydrofluoric acid market of raw materials is weak, and the on-site transaction is light, which weakens the cost support of refrigerant R134a. Refrigerant R134a downstream manufacturers production has declined, the demand for refrigerant R134a has decreased or not increased. At present, refrigerant R134a is mainly for after-sales market. Refrigerant R134a manufacturers start low, and inventory is low. The peak season for refrigerants has passed, and demand has declined even more. The price of basic raw materials for fluorine chemical industry has fallen, and the cost is difficult to support. The cost side of refrigerant is insufficient to support, which makes it unfavorable. According to data monitoring from business associations, as of August 02, the price of Zhejiang Juhua Co., Ltd. was 27500 yuan/ton, Quzhou Jiuzhou Chemical Co., Ltd. was 27 000 yuan/ton, Shandong Yue’an New Materials Co., Ltd. was 30 000 yuan/ton, Zhejiang Lengwang Technology Co., Ltd. was 27 000 yuan/ton, and Jiangsu Blue Planet Environmental Protection Technology Co., Ltd was 27 000 yuan/ton. The price of Limited Company is 30,000 yuan/ton. Hunan Longxun Trading Co., Ltd. is priced at 25500 yuan per ton.
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Industry chain: The upstream product anhydrous hydrofluoric acid market declined slightly, with the price of 11 610 yuan/ton at the end of the week (8.05), down 3.25% from 12 000 yuan/ton at the beginning of the week (7.29), and up 5.23% from the same period last year. Enterprises reflect that the current on-site hydrofluoric acid spot supply is sufficient, the recent on-site shopping situation is general, the price has declined, and the support for refrigerant R134 is weak.
Demand for refrigerants downstream is weak, the peak season is weak, production of air conditioners, automobiles and refrigerators is declining, refrigerants just need to shrink, and after-sales is not improving. Refrigerant R134a is in a difficult situation, and the phenomenon of Profit-giving of enterprises is obvious.
3. Future Market Forecast
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Business Cooperative Refrigerant Analysts believe that the current peak season of refrigerant R134a has passed, demand continues to decline, and R134a operates at a low level. However, due to the falling cost of raw materials hydrofluoric acid, the cost of refrigerants is insufficient to support, and the market situation of oversupply is difficult to change. Generally speaking, the aftermarket refrigeration R134a is mainly low shock.