In Nov. 2012, the price of
1,1,1,2-tetrafluoroethane (R134a )
reached USD4,019/t, remaining stable month on month and up by 5.04% compared
with that in Sept. 2012, about USD3,826 (the lowest price this year). The price
increase of R134a
since Sept. 2012 was mainly influenced by the increasing production cost and
improving demand from automobile industry, according to CCM’s December Issue of China Fluoride
Materials Monthly Report.
First, the production cost of R134a has been continuously increasing.
Trichloroethylene (TCE) and anhydrous hydrofluoric acid (AHF) are the main raw
materials of R134a .
From Oct. 2012, both the prices of TCE and AHF kept increasing. The price of
TCE in Nov. 2012 reached USD900/t, increasing by 10.17% compared with that in
Sept. 2012. On the other hand, the price of AHF has also been continuously
increasing from Oct. 2012 and reached USD1,119/t in Nov. 2012, increasing by
7.11% compared with that in Sept. 2012.
Second, domestic demand for R134a from automobile industry
continuously increased. As the substitute of dichlorodifluoromethane (R12), HFC-134a has become the most widely applied
middle to low-temperature refrigerant with environment friendliness, mainly
used in vehicle air conditioning. According to the statistics from China
Association of Automobile Manufacturers (CAAM), the output and sales of
automobile in Nov. 2012 increased by 10.99% and 11.52% respectively month on
month.
It is estimated that the price of
R134a will remain stable
in Dec. 2012.
Firstly, the production cost of R134a will keep stable. Influenced by the
declining price of liquid chlorine, the main raw material of TEC, the price of
TEC will drop in Dec. 2012. However, thanks to the price increase of fluorite
(the raw material of AHF production), the price of AHF will keep advancing.
Secondly, the demand for R134a from automobile industry will keep
stable. According to the CAAM, Dec. is the traditional sales peak of private
cars in China ,
so the sales of automobile in Dec. 2012 will keep upward. However, the working
days in Dec. 2012 is less than those of last month, thus it's estimated that
the output of automobile will keep stable in Dec. 2012.
Source: China Fluoride Materials Monthly
Report 1212
Main
content of China
Fluoride Materials Monthly Report 1212:
Domestic fluorite price
keeps rising in Nov. 2012
Domestic price of R134a to remain stable in Dec. 2012
Ratio of substandard
canned refrigerants of automobile in Guangdong
area reaches 12.5% in Q3 2012
Befar Group plans to
construct R125 production line with capacity of 11,000t/a
OCI Materials to further
entrench its worldwide dominance in NF3 supply
Domestic price of AlF3
rises in Nov. 2012
Domestic price of PTFE
tends to be weak in Dec. 2012
Jiangsu Guotai intends to
construct 300t/a LiPF6 production project
Import and Export
analysis of fluoride chemicals in China in October 2012
China
Fluoride Materials Monthly Report, a
monthly publication issued by CCM on 20th of every month, covers the sectors on
policy & legislation, company dynamic, supply & demand, price update,
etc. of China ’s fluoride material market. It will
help you follow the dynamic throughout the whole value chain immediately.
About
CCM
CCM is dedicated to market research in China , Asia-Pacific Rim and global
market. With a staff of more than 150 dedicated highly-educated professionals.
CCM International offers Market Data, Analysis, Reports, Newsletters,
Buyer-Trader Information, Import/Export Analysis all through its new
proprietary product ValoTracer. For more information, please visit http://www.cnchemicals.com.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China
Tel: 86-20-37616606
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