Price Trend of Refrigerant Gas in Summer Season of Year 2023

The quarterly orders of the refrigerant market are stable, the circulation market due to the release of channel inventory and the impact 

of export demand has not yet recovered, the speed of enterprise shipment circulation is slow, the market is difficult to raise prices, on 

the contrary, the recent market is still dominated by a downward trend, of which the price of R125 and R134a products has fallen 

significantly. Due to the elimination of quotas in the R22 market, the replacement of R507 products in large units, the slow increase in 

product sales, the continued downturn in the fluoropolymer market, the demand for raw material-grade refrigerant HCFC-22 fell slightly 

year-on-year, and the refrigerant market as a whole was mainly weak.

　　In June, the national high temperature hit, and the sales of air conditioning market increased significantly. According to experts, the 

upcoming El Niño is likely to bring a new peak in global warming and break historical high temperature records. The refrigerant market 

in many places across the country has begun to enter the fast-moving consumer channel, gradually entering the consumption season, 

and the refrigerant market price is expected to reverse and increase. According to CCTV reports, in a home appliance sales store in 

Shenzhen, Guangdong, since April, as the temperature rises, air conditioning sales have continued to grow. In the high-temperature 

mode, many air conditioning manufacturers have also increased their production scheduling. In an air-conditioned mold processing 

workshop in Zhuhai, Guangdong, the machine tool runs 24 hours a day. High temperatures continue to digest refrigerant inventories, 

and it is expected that the market may usher in a reversal in August and September.