1、 Price trend

According to the commodity market analysis system of Business Society, the average market price of tetrachloroethylene on April 30th was 5050 yuan/ton, and the average market price of tetrachloroethylene barrels on April 1st was 5150 yuan/ton. The market price of tetrachloroethylene decreased by 1.94% during the month, an increase of 21.2% compared to January.

2、 Analysis and Review

In early April, the price of tetrachloroethylene continued to rise in the first quarter and the trend was relatively strong. The mainstream factory price was quoted at 5200-5450 yuan/ton, an increase of 4.61%. The market supply is tight, and distributors are keeping up with large factories to increase prices. Those with higher prices will receive. In the middle of the month, the price of tetrachloroethylene has stopped rising and fallen, with mainstream factory quotes of 4900-5200 yuan/ton. According to customs data, the import volume of tetrachloroethylene in March was 79.203 tons, and the export volume was 1651.77 tons. In the first quarter, the import volume increased by about 48% year-on-year, and the export volume decreased by about 7.28% year-on-year. The phenomenon of sufficient market supply is evident, domestic demand is weakening, the trading atmosphere is stable, downstream production is insufficient, on-demand procurement is insufficient, and the driving force for the price increase of tetrachloroethylene is insufficient, with a slight decline, but it remains at a high level until the end of the month and operates steadily.

The downstream refrigerant R125 market is operating steadily at a high level, with prices ranging from 42000 to 45000 yuan/ton. The refrigerant market continued to soar in the first quarter, with a slowdown in growth in April and insufficient operating rates. R125 is used to prepare refrigerants such as R404A, R407C, R410A, R507, etc. It is mainly used in industries such as air conditioning, commercial refrigeration, and chillers. May is still the peak season for terminal air conditioning production, and summer is approaching. The demand for refrigeration equipment in the market is increasing, and the support for R125 demand is still strong, forming strong support for the price of tetrachloroethylene.

3、 Future Market Forecast

Business Society’s tetrachloroethylene analyst believes that the demand side is running steadily at a high level, and the tetrachloroethylene market may maintain a high consolidation operation.