Raw material prices are firm, and refrigerant quotes are up!
In 2020, R22 and HCFC-141b quotas will drop sharply, and China’s home appliance industry will make a significant contribution to eliminating HCFC.

In February 2020, domestic aluminum fluoride production decreased by 52.0% month-on-month! Hydrofluoric acid prices have risen sharply!

Since February, the growth rate of the hydrofluoric acid market has accelerated, and the price has increased by 11,000 yuan (ton price, the same below). According to monitoring, the average market price of hydrofluoric acid at the end of February was 111,000 yuan, an increase of 8.4% from 10,200 yuan at the beginning of February, and an 11.3% increase from the beginning of December last year.

According to market analysts, there were two main reasons for the sharp rise in the price of hydrofluoric acid in February. First, the price of raw fluorite increased significantly. Due to the impact of the new crown pneumonia epidemic, most domestic fluorite manufacturers have not resumed work, supply shortages and rising prices. Before the Spring Festival, the domestic fluorite price was 2,900 yuan, which rose to 3133.3 yuan by the end of February, an increase of more than 8%. Rising fluorite prices have pushed up hydrofluoric acid production costs.

The second is increased downstream demand. Hydrofluoric acid is mainly used in the production of refrigerants and fluorine-containing compounds. With the gradual resumption of work in the automobile and home appliance industries, the increasing demand for refrigerants has also driven the demand for hydrofluoric acid. At the end of February, the domestic refrigerant R22 price rose to about 18,500 yuan, an increase of 5%, and other refrigerants also remained at a high level. The R134a price index was 20,500 yuan, the R125 price index was 15,500 yuan, and the R32 price index was 13,000 yuan. The R410a price index is 14,500 yuan, and demand for hydrofluoric acid is relatively strong.

In the later period, the current operating rate of hydrofluoric acid enterprises is average, but demand will continue to increase. Manufacturers generally report that the supply of supplies is slightly tight, and it is expected that the price of hydrofluoric acid will continue to rise.

In February 2020, the domestic aluminum fluoride output was 23,000 tons, a decrease of 52.0% month-on-month and a decrease of 43.8% year-on-year. From January to February, the total domestic aluminum fluoride production was 71,000 tons, of which the main producing area was 13,000 tons in the first two months of Shandong Province, followed by Henan and Hunan provinces in the first two months. ; Gansu, Ningxia, Anhui, Hebei, Jiangxi, Yunnan, Guangxi, Shaanxi, Shanxi, Sichuan and Hubei provinces had a total output of 36,000 tons in the first two months, accounting for 50.9%.

Due to rising and scarce prices of refrigerant raw materials, refrigerant prices will continue to rise. Those in need, want to buy as soon as possible!