I. price trend

According to the price monitoring of business agency, the ex factory price of domestic refrigerant R22 rose slightly this week. On October 21, the average ex factory price of mainstream manufacturers was 13933.33 yuan / ton, and the average weekend (25 days) price was 14166.67 yuan / ton, up 1.67% in the week, down 23.42% compared with the same period last year.

II. Market analysis

Product: this week, the market price of R22 in refrigerant market increased slightly, the upstream hydrofluoric acid market was weak, and the cost support for refrigerant was insufficient. At present, the production and domestic sales quota of R22 is tightening, and manufacturers’ confidence in pricing is increasing, which stimulates the enthusiasm of middlemen to store goods, and the supply of small packaging products of some enterprises is tight. The operation rate of production units has increased, the market of refrigerant R22 has improved, and the supply of some small packaging products is tight. According to the data monitoring of Yishe society, as of October 25, the quotation of R22 of Zhejiang Juhua Co., Ltd. is 16500 yuan / ton, that of Quzhou Jiuzhou Chemical Co., Ltd. is 12500 yuan / ton, that of Zhejiang lengwang science and Technology Co., Ltd. is 13500 yuan / ton, that of Longxun trade is 12500 yuan / ton, and the price is concentrated around 12500 yuan / ton – 16500 yuan / ton.

Industry chain: the price of upstream products in domestic hydrofluoric acid market has fallen sharply, the operation of domestic hydrofluoric acid plant is stable, the supply of goods in the site is sufficient, the situation of goods in hydrofluoric acid market is not good, and the market price keeps falling. The domestic market price of upstream product trichloromethane has fallen to a low level. At present, the overall market supply is abundant, and there is no obvious sign of improvement in the short term.

Industry: according to the price monitoring of the business agency, in the 42nd week of 2019 (10.21-10.25), there are 10 kinds of commodities rising month on month in the chemical sector, including 2 kinds of commodities rising by more than 5%, accounting for 2.4% of the number of commodities monitored in the sector; the top three commodities are epichlorohydrin (8.05%), sulfur (5.05%) and sulfuric acid (4.88%). There are 41 kinds of commodities decreased on a month-on-month basis, 4 kinds of commodities decreased by more than 5%, accounting for 4.8% of the number of commodities monitored in this sector; the top three products decreased were formaldehyde (37%) (- 9.21%), nitric acid (- 8.62%), acetic acid (- 5.29%). This week’s average was – 0.85%.

III. future forecast

According to the refrigerant analyst of the business association, the raw material end of refrigerant R22 is not well supported, the terminal demand has not been greatly improved, the manufacturer is affected by quota restrictions, the quotation is increased, the enthusiasm of traders to store goods is increased, but the downstream has limited acceptance of high prices, and it is expected that the refrigerant R22 will mainly be consolidated in the short term.