1、 Price trend

According to the price monitoring of the business agency, the average price of the mainstream manufacturers on April 10 was 17833.33 yuan / ton, which was 18333.33 yuan / ton compared with the average price at the beginning of the week (6 days). This week’s market was weak and stable. On April 12, the R22 commodity index was 107.00, unchanged from yesterday, 3.60% lower than the highest point in the cycle, 111.00 (2020-02-24), and 28.30% higher than the lowest point, 83.40, on October 14, 2019. (Note: cycle refers to 2019-09-01 till now)

2、 Market analysis

Product: R22 in refrigerant market runs steadily this week. In the near future, the domestic terminal air conditioning has not been fully restored to work, the driving position is low, and the demand for refrigerants is not high. The market of hydrofluoric acid and chloroform at the raw material end is generally weak, which weakens the support for refrigerant R22 and moves down the market transaction center. However, most manufacturers have a strong sense of price support, and the overall market of refrigerant R22 is weak. According to the price monitoring of the business agency, as of April 10, the average price of refrigerant R22 is around 17833.33 yuan / ton, and the quotation is mostly concentrated around 17000 yuan / ton – 19000 yuan / ton, so the firm offer is negotiated.

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

According to the refrigerant analyst of business club, at present, the market supply of refrigerant R22 is slightly loose, the downstream demand starts slowly, and the transaction focus moves down. It is expected that the refrigerant R22 will still be weak and stable in the short term.