Views: 0 Author: Site Editor Publish Time: 2026-01-23 Origin: Site
The refrigerant market at the beginning of 2026 showed a "stable start with a strong wait-and-see attitude."
Currently, domestic and international trade prices are basically balanced.
With the implementation of new quotas for the year, factories are resuming production in an orderly manner, but overall operating rates have not yet reached full capacity, resulting in a generally weak trading atmosphere and procurement mainly driven by immediate needs.
Upstream basic raw material prices fluctuated due to supply and demand dynamics.
On the demand side, China's automobile production and sales both increased by about 10% year-on-year in 2025, and the market penetration rate of new energy vehicles reached 48%, an increase of 7 percentage points compared to the same period last year.
The air conditioning industry is entering an equipment replacement cycle, with overseas capacity expansion and domestic repair and replacement demand providing stable support.
Overall, the market was characterized by a strong wait-and-see attitude at the beginning of the year. Given the constraints of supply quotas and the clear positive demand outlook, the refrigerant market is expected to continue its steady upward trend.
