From January to October, the national air conditioning production was 224.809 million units
According to the website of the Ministry of Industry and Information Technology, from January to October 2024, the production of room air conditioners reached 224.809 million units, a year-on-year increase of 8.2%.
There are very few quotas left, and some factories have suspended accepting orders. The latest quotation for refrigerants has arrived!
The refrigerant market is operating steadily. At present, the annual production quotas of various factories have been exhausted, and the tight supply of goods continues. Factory offers remain firm. At present, high-end offers for R22 are priced at 34000 yuan/ton, while R32 and R134a are priced at 42000 yuan/ton; However, due to the limited quota remaining, some factories have suspended accepting orders, and currently the prices of mixed products and small packaging products on site have risen accordingly. As the end of the year approaches, there is an increasing phenomenon of equipment shutdown, and the market is generally reluctant to sell, with prices continuing to operate at high levels.
Copper prices may rebound in the short term, with copper prices closing slightly lower at night. The overall processing fee for concentrate is low, and the growth rate of domestic smelting production has slowed down significantly in recent times. According to data from the National Bureau of Statistics, the overall downstream demand in China is stable and improving. The power grid has driven high growth in electricity investment, and the production of household appliances continues to grow. The increase in the penetration rate of new energy is expected to consolidate copper demand in the transportation equipment industry. Real estate data is still sluggish and requires continuous attention. Copper prices may rebound in the short term. Suggest paying attention to changes in the exchange rates of the US dollar and Chinese yuan, inventory, and basis.
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