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This year's refrigerant price fluctuations can be described as 'stimulus'. Many people in the industry have expressed their inability to understand, so here is an attempt to sort out.
1. Raw material prices soared
As environmental protection requirements become more stringent, the pace of capacity reduction has accelerated, leading to a surge in refrigerant raw materials, fluorite and hydrofluoric acid Continuously. The Central Environmental Protection Supervision Team conducts inspections in various provinces across the country. The high pressure on environmental protection has caused fluorite and hydrofluoric acid companies to limit production and shut down, and the supply of hydrofluoric acid is in short supply, which has continuously pushed up prices.
Second, the demand for raw materials is strong
With the acceleration of the elimination of refrigerant products, the second-generation refrigerant HCFC is gradually being replaced by the third-generation HFC and the fourth-generation HFC. Replaced by HFO refrigerant. However, the more environmentally friendly and the newer the refrigerant, the greater the demand for hydrofluoric acid. At present, HFC refrigerant consumes more than 1.6 times of hydrofluoric acid than HCFC, and HFO refrigerant consumes more than 1.5 times of hydrofluoric acid. The high market demand for new environmentally friendly refrigerants, especially the rapid growth of R410A, has increased the demand for hydrofluoric acid, and has made the hydrofluoric acid market in short supply.
Third, it is difficult to balance the by-product hydrochloric acid
The production of refrigerants brings a large amount of by-product hydrochloric acid. Similarly, the by-product hydrochloric acid produced by producing 1 ton of HFC is 1.5 times that of HCFC. For example, producing 1 ton of R22 brings out 3 tons of by-product hydrochloric acid, 1 ton of R125 brings out 4 tons of by-product hydrochloric acid, and 1 ton of R32 brings out 4.8 tons of by-product hydrochloric acid. By-product hydrochloric acid. The by-product hydrochloric acid produced by the entire fluorine chemical industry is more than 2 million tons.
The user characteristics of by-product hydrochloric acid are scattered, small and large. It is mainly used for pickling, chemical production, separation of rare earth concentrates, metal smelting, water treatment, etc. The main customers are concentrated in Fujian, Jiangxi and other places, and safety and environmental protection policies have a great impact on the downstream of by-product hydrochloric acid. Especially this year the central environmental protection inspection team stationed in Fujian and Jiangxi has a great impact on the production of local by-product hydrochloric acid users, and 80% of the enterprises have been restricted or suspended.
As the sales of by-product hydrochloric acid were blocked and the production balance of the device was broken, many refrigerant companies were forced to reduce their load and the supply of refrigerants.
Fourth, the downstream demand for refrigerants is strong
The main demand side comes from three aspects: First, the demand from domestic OEM manufacturers continues to increase. Second, the global warming trend has increased, and the increase in the later service and maintenance market brought by high temperature has increased. Third, the export market is active, and China has become the world's largest refrigerant exporter. With the acceleration of the replacement of environmentally friendly refrigerants abroad, made in China has become the world's largest supplier of refrigerants.
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