Morning Market Briefing: Refrigerant Sector

I. Key Focus Points

1. In September, the reference price for mainstream plant tenders in the East China market for HF (Hydrogen Fluoride) was 15,100–15,200 RMB/ton (delivered).
2. The dichloromethane market experienced range-bound fluctuations, with mainstream ex-factory quotes in the Shandong market hovering around 2,430–2,480 RMB/ton.

Core Logic: Mainstream offers for refrigerant R32 remain firm, while industry operating rates are near 40%.

II. Price Table

Note:

1. All prices listed above are in RMB and represent mainstream ex-factory reference prices for the East China market.
2. The two periods reflect spot prices on adjacent working days, not daily averages.
3. Change values indicate the difference between adjacent working days.

Data Source: Chempricehub Information

III. Market Outlook

As of the time of publication, mainstream factory ex-factory offers for refrigerant R32 in the East China market are referenced at approximately 65,500 RMB/ton (with simultaneous quoting for domestic and export markets). The mainstream ex-factory price for R32 in East China is 63,500–64,500 RMB/ton, remaining unchanged from the previous day. Market intelligence indicates that R32 supply is primarily directed toward contract orders. Terminal production schedules continue to reduce output, and the entire industry is strictly controlling production loads to avoid inventory accumulation. Statistics show that the overall industry operating rate for R32 remains near 40%. Compared to the domestic market, there is a certain price gap between export and domestic markets for R32. Overall, mainstream factories in the East China market maintain firm high-level offers for R32, with spot goods mainly allocated to contract orders. Chempricehub forecasts that short-term offers from major R32 producers will remain firm, with actual transaction prices consolidating sideways.

IV. Data Calendar

Notes:

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

Data Source: Chempricehub Information