The refrigerant market has rebounded and recovered, with strong demand for home appliance exports and continued stimulus from the trade in policy. The production and output growth of air conditioners in March and April continued to be impressive. After the continuous destocking of foreign trade, a small spring will come after the Spring Festival. Varieties such as R32 and R410a are expected to experience a purchasing wave that is difficult to balance internally and externally, while the circulation market is expected to see prices continue to rise. After the arrival of spring in the distribution sector, demand for engineering and after-sales services is gradually recovering, and the procurement process is accelerating due to low inventory.
In terms of specific varieties: R22 factory offers up to 35500-36500 yuan/ton, retail market inventory is gradually being digested, and enterprise offers are gradually being consolidated. Raw material grade R22 has increased monthly orders by 500-1000 yuan/ton due to rising costs such as hydrogen fluoride; The expected growth rate of demand for R32 in spring is significant, with continuous growth in air conditioning export orders and a significant increase in enterprise production scheduling. The situation of tight goods and rising prices remains unchanged, with enterprise offers ranging from 45000 to 46000 yuan/ton; The shortage of R134a supply is difficult to alleviate, and the quantity of loose water is controlled for shipment. The demand for foreign trade is better than that for domestic trade, and the enterprise offers 46000 yuan/ton; R404 and R507 are gradually being transmitted due to the price increase of R143 and R125 raw materials, with mainstream offers for multiple varieties ranging from 45000 to 46000 yuan/ton; The quotation of R152a enterprise has gradually increased, driven by the rapid rise in the price of refrigerants of the same category, resulting in a continuous upward adjustment of the product; R227 has increased its offer to 47000 yuan/ton due to a new round of procurement needs and corporate intentions. After the gradual recovery of demand in March, the market began to implement enterprise offers, and it is expected to reach a new level in the near future after channel suppliers clear their inventory.