Views: 0 Author: Site Editor Publish Time: 2025-12-19 Origin: Site
The 2026 refrigerant quota scheme has been officially implemented, establishing a clear long-term supply framework for the market. Industry sentiment remains positive, and companies have collectively raised their offers. Although the distribution channels are currently mainly observing and absorbing the price increases, the expectation of supply contraction under quota control continues to support bullish market confidence, with prices for many products showing varying degrees of upward movement.
Among them, the less popular product R125 has become the leading price driver in this round of price increases. Affected by the exhaustion of quotas and production stoppages by some small and medium-sized manufacturers, and the control of supply and price increases by mainstream enterprises, its market offer has climbed to around 51,000 yuan/ton, with actual transaction prices around 46,000 yuan/ton. At the same time, it has successfully driven the prices of frozen products such as R404 and R507 to stop falling and rebound.
R134a also performed strongly, benefiting from long-term contracts with automakers in 2026 and low channel inventory, with prices successfully breaking through 60,000 yuan/ton, and some orders reaching as high as 63,000 yuan/ton. With stable quotas and rigid demand, prices are expected to remain resilient at high levels.
The second-generation refrigerant R22 is in a "price but no stock" situation, with companies quoting prices stable at around 15,500 yuan/ton, while actual transaction prices are slightly higher than the quoted prices, indicating a significant supply shortage.
Overall, the 2026 quota scheme clearly states that the supply of third-generation refrigerants will return to the baseline level of early 2025, while granting companies flexibility in allocating different product types, creating a stable market environment with "controllable supply." Currently, with low industry inventory levels, and downstream demand gradually recovering, transactions are expected to continue to materialize and prices to rise steadily. Companies have a strong willingness to support the market, and the industry's prosperity is expected to continue to improve.
