The refrigerant market presents a diversified and differentiated market trend, with actual transactions of R1143a, R507, and R404 industrial chains experiencing a slight decline due to the R22 market downturn. However, the limited scale of this series of products has a relatively small impact on corporate profits, and is mainly sold in the distributor circulation market. Due to quota adjustments within the year, the remaining quota of R125 enterprises is limited. Currently, the actual order implementation is 46000 yuan/ton, and the quota for small enterprises has been exhausted, resulting in tight market supply.
R32 products have recently experienced a slight decline in production by air conditioning companies, resulting in sluggish demand in the circulation market. Traders have withdrawn funds for horizontal trading. However, long-term contract orders for air conditioning companies have been confirmed, and demand has rebounded in the first and second quarters of next year. The market is still on an upward trend, with mainstream market transactions ranging from 61000-62000 yuan/ton. Enterprise offers are expected to gradually increase after demand improves in December. The export performance of R134a has rebounded, as subsequent exports are concentrated until October. The foreign trade market has seen prices rise due to concentrated signing of orders, and have gradually increased to 53000-54000 yuan/ton. The quota for small factories has been fully absorbed, and enterprises have a strong willingness to raise prices.
Due to the continuous decline in demand for R22, it is expected that the quota surplus will reach 40% that year. The company will clear inventory through price reduction, and the low price strategy will drive the market's purchasing sentiment to improve. The shipment is relatively smooth, and the short-term rebound and rise are relatively weak. Based on the performance of different varieties, the R32 and R134a markets remain strong and have an upward trend, while R125 is operating steadily in the short term. The R143a, R507, and R404 industry chains are stabilizing but weakening.
