Morning Market Briefing: Refrigerant Market

1. Key Focus Points

1. In September, the reference price for mainstream HF procurement tenders in the East China market was 10,500–15,200 RMB/ton (delivered).
2. The chloroform market remained stagnant and flat. As of now, mainstream quotes in the Shandong market are around 2,400–2,500 RMB/ton.

Core Logic: Mainstream large-scale manufacturers in the East China market maintain firm high prices for Fluorocarbon Refrigerant R22; the market center is consolidating with weak stability.

2. Price Table

Note:

1. All RMB prices in the table above refer to mainstream ex-factory reference prices in the East China market.
2. The two periods represent point-in-time prices on adjacent working days, not daily averages.
3. The change value reflects the comparison between two adjacent working days.

Data Source: Chempricehub Information

3. Market Outlook

As of press time, the mainstream ex-factory offer from major manufacturers for Fluorocarbon Refrigerant R22 in the East China market is around 24,000 RMB/ton (with synchronized offers for domestic and export markets); the mainstream ex-factory price for R22 in East China ranges from 21,000 to 23,000 RMB/ton. Market intelligence indicates that leading channel distributors have successfully reduced their inventory burdens; however, end-user demand remains sluggish, and recent adjustments to offer prices have resulted in limited order intake. The production side continues to strictly control operating loads to balance limited market demand. Statistics show that the overall industry operating rate for R22 remains at approximately 60–70%. Comparing domestic and export markets, there is a certain price gap between R22 export prices and domestic prices. Demand for refrigerant-grade material remains rigidly low-volume in the long term, while feedstock-grade R22 prices have declined further due to weak sentiment in downstream markets. Overall, mainstream factories in the East China market for R22 maintain firm offers, while smaller tail-end producers moderately adjust shipping offers, focusing primarily on small-package shipments with restrictions on bulk liquid deliveries. Chempricehub Information forecasts that in the short term, offers from major R22 (ODS) manufacturers will remain firm, while the actual transaction center will consolidate with weak stability.

4. Data Calendar

Note:

1. ↑↓ indicates significant fluctuations, highlighting data dimensions with changes exceeding 3%.
2. ↗ ↘ indicates narrow-range fluctuations, highlighting data with changes within 0–3%.

Data Source: Chempricehub Information