PVDF maintains stable high price, refrigerant phase down

      Recent polyvinylidene fluoride market offer stable high prices, lithium-grade PVDF offer about 450 ~ 550,000 yuan / ton, week-on-week increase of 7.23%, the market supply and demand to maintain a positive, lithium downstream although the current market high prices still have some room for acceptance, but some small energy companies under greater pressure, 3C grade PVDF follow-up or with the same coating, backing plate faced with a lack of upward space situation. Supply side: the production enterprises by raw material quota restrictions, the start position to maintain a moderate up, the market supply to maintain a tight; demand side: the automotive industry chip shortage problem tends to ease, the policy side of the country continues to maintain support for new energy vehicles, new energy vehicles for power battery demand is strong, strong support for PVDF battery prices up in the demand side; domestic market, coatings, backing, and Part of the 3C grade PVDF downstream buying enterprises by the product high limit, the procurement demand has weakened, power battery grade PVDF to maintain high demand, battery companies are also actively layout, and PVDF production enterprises to step up the cycle test, foreign trade market foreign PVDF coating grade factory reference offer of 360,000 yuan / ton. Cost side: R142b market existing reference offer for about 185,000 ~ 190,000 yuan / ton. The current R142b market supply is tight, downstream demand continues to be strong, the contradiction between supply and demand is more obvious, the price surge led to the factory pity sales mentality is thick, no offer, no order phenomenon still exists, the subsequent market by the PVDF demand pull up and some enterprises quota consumption too fast, the subsequent market still has room to rise, PVDF cost side support firm running. PVDF market is expected to follow the die material as well as powder stabilization is dominant, lithium-grade segmentation to see 3C-level PVDF upside is not as good as power battery level, PVDF power battery level high probe up operation.

     The overall situation of domestic refrigerant market price is still not too optimistic except R142b. R22 price is 15000~17000 yuan/ton; R32 price is 15000~16500 yuan/ton; R125 price is 33000~35000 yuan/ton; refrigerant R410a price is 24000~25000 yuan/ton; refrigerant R404 average price is 30000 yuan/ton; refrigerant R152a average price is 24000 yuan/ton; refrigerant R134a price is 27000~29000 yuan/ton. /The average price of refrigerant R152a is 24,000 yuan/ton; the price of refrigerant R134a is 27,000~29,000 yuan/ton. The market price of R142b is still maintained at a high level of 185,000 yuan. On the cost side, the price of trichloroethylene is 7,500 yuan/ton, a weekly drop of 6.25%. Although the prices of other methane chlorides have rebounded, the cost support is weak under the existence of downward expectations in the market. Demand side: In the short term, due to the panic brought about by the spread of Omicron mutant strain, international shipping was hit again and export orders were weak, while domestic demand was relatively stable. Supply side: Due to the large-scale capacity expansion in the early stage, the inventory has rebounded under the weak demand and the product is relatively surplus, and the overall supply and demand of refrigerant has weakened. Although the current refrigerant market market has seen a phase decline, the direction of long-term production and supply tightening and supply-demand balance in the refrigerant market under the constraints of the Kigali Amendment is still clear.