1、 Price trend

According to the price monitoring of the business agency, the average ex factory price of the mainstream manufacturers on April 13 was 22333.33 yuan / ton, compared with 22500 yuan / ton on April 6, down 0.74% in 7 days. On April 12, the R134a commodity index was 82.32, flat with yesterday, down 17.68% from the highest point in the cycle of 100.00 (2019-09-02), and up 1.50% from the lowest point of 81.10 on March 4, 2020. (Note: cycle refers to 2019-09-01 till now)

2、 Market analysis

Product: this week, R134a market of refrigerant market is stable, middle and low. In the near future, the terminal demand of refrigerant R134a is general, and there are few new orders, so the focus of market transaction is explored. On the demand side, the time for ordering in advance in the after-sales maintenance market is coming to an end. The automotive industry has not fully recovered its production capacity, and the demand for refrigerant R134a is not high. At the same time, the trend of hydrofluoric acid at the end of raw material is declining, which is bad for refrigerant R134a. On the whole, it is difficult to boost the demand end of refrigerant R134a in a short period of time, and the support force at the raw material end is weakened, so the market may continue to weaken. According to the price monitoring of the business agency, as of April 13, the market price of refrigerant R134a was concentrated around 21000 yuan / ton – 22000 yuan / ton.

Industry chain: this week, the price trend of hydrofluoric acid slightly declined. In recent years, the on-site manufacturers are not in good condition, some domestic manufacturers are restarted, the domestic spot supply of hydrofluoric acid is sufficient, the downstream demand is low, and the price trend of hydrofluoric acid market continues to decline. In recent years, the price of raw material fluorite has declined, the price of hydrofluoric acid market has been affected to some extent, and the price of hydrofluoric acid in China has declined. By the end of the week, the southern region The mainstream of hydrofluoric acid negotiation in the district is 9000-10500 yuan / ton, and the price of hydrofluoric acid in the northern market is 9500-11000 yuan / ton.

Industry: according to the price monitoring of the business agency, in the 14th week of 2020 (4.6-4.10), there are 28 kinds of commodities in the list of commodity price rise and fall in the chemical industry sector, including 13 kinds of commodities with an increase of more than 5%, accounting for 14.9% of the number of commodities monitored in the sector; the top three commodities are pure benzene (21.34%), crude benzene (20.34%) and acetone (15.79%). There are 28 kinds of commodities falling on a month on month basis, with 5 kinds of commodities falling by more than 5%, accounting for 5.7% of the number of commodities monitored in the sector; the top three products falling are ethylene (- 11.31%), butadiene (- 10.19%) and aniline (- 5.63%). This week’s average was up or down 1.05%.

3、 Future forecast

The refrigerant analyst of the business club thinks that: at present, the demand side of refrigerant R134a is difficult to improve, the support of the raw material side is weak, and the market of refrigerant R134a is expected to be further explored in the short term.