Refrigerant price forecast in 2019

2019 - 03 - 11 2018 refrigerants overall situation? What is the cause of the existing market? In 2019, refrigerant market? Why is that? Follow the below and see it together. Overall high refrigerant prices in 2018, mainly because: ( 1) Upstream raw materials: affected by the environmental protection policy, fluorite, hydrofluoric acid, such as refrigerant raw materials prices rose sharply, with hydrofluoric acid from may this year lowest price 8600 yuan/ton, until the end of October rose to 13500 yuan/ton, up more than 50% and a half years, and tight supply, as the raw material prices rise, refrigerant prices continued high; ( 2) Fluorine chemical enterprise comprehensive cost increase: affected by the environmental protection policy, the upstream raw materials manufacturers operating at lower, supply shortages, raw material prices; Downstream industry park, etc. , makes it hard for fluorine chemical enterprise of waste acid and other by-products shipment, restrictions on fluorine chemical enterprise starts, the industry as a whole operating at lower, while the industry price high, but the integrated production costs rise, industry profit margins decline; ( 3) Downstream of the downstream air conditioning factory demand: air conditioning factory demand rose. Production rose 13 2018 cold air conditioning. 1%; Sales rose 13. 5%; Although growth rate from 2017 cold years have narrowed considerably and but still maintained a double-digit growth. From the household air conditioning refrigerant mainly, r410a and R22, R32 R32 development rapidly in recent years, the three products each one-third; This year due to a lack of air conditioning refrigerant R410A, R32 oil, R22 models of relatively high, but R22 is in period of products, supply quotas, R32 and R410A proportion will gradually increase. In conclusion, refrigerant prices high, the synthesis of a variety of factors, the late by the squeeze at both ends and upstream and downstream industry profits space is reduced, profit margins will remain low. Cold refrigerant in 2019 forecast in 2018 years, August, September air-conditioning production continues to decline, compared to the industry more than 40 million sets of high inventory, the industry has been talking about the air conditioning industry is facing a turning point, we don't have that pessimistic, but industry growth will slow in 2019, is not expected to maintain double-digit growth, but low single-digit growth. ( 1) The environmental pressure remains, fluorite, hydrofluoric acid raw materials such as the price will be high. ( 2) Through environmental governance in recent years, not the compliance of production enterprises were shut down or rectification, the production will be more standardized, stable; ( 3) Refrigerant R22 as part of the as, as the process of elimination, the quota will be reduced by 25% in 2020; In 2020 - but HFC refrigerant selection policy In 2022 as a benchmark, 2019 domestic R32, R125 capacity will be doubled. In conclusion, refrigerant prices will remain high, the upstream raw material prices led to rising production costs, the downstream demand growth is slowing, product price pressure, refrigerant is being squeezed from both ends of upstream and downstream, profit space is reduced, and even don't rule out in the short term losses. There are companies R410A losses. More competitive in the future, if you want to win in the competition, but also the comprehensive strength, need to be more intensification of production, marketing, service management, etc.

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