Views: 0 Author: Site Editor Publish Time: 2026-03-20 Origin: Site
Despite the anticipated impact of the international situation and off-season pressures, HFCs prices continued to rise, demonstrating the industry's resilience. The Middle East situation's impact on expectations does not alter the industry trend:
1. Raw Material Supply: The supply of refrigerant raw materials hydrofluoric acid and chloromethane is ample; there is no shortage issue.
2. Cost Pass-Through: Refrigerants have never worried about cost pass-through. Prices rise with raw material costs and fall with raw material costs. The underlying logic supports a long-term upward trend. The market is independent, and expectations are clear, making it a safe haven compared to the volatility concerns of other industry chains.
3. Demand & Shipments: China almost exclusively supplies the global market, and global supply is locked in, with limited supply this year. Global refrigeration demand is expected to continue rising in the long term. In the short term, it is understood that overall order intake is normal, although shipments may be delayed due to the later Chinese New Year and temporary overseas transportation issues. It's a necessity; people will need to stock up sooner or later.
4. 2026 is the last year of the quota baseline period for India and Middle Eastern countries. Importers have an urgent need for refrigerants. Once the situation eases, suppressed exports, summer heat, and lack of inventory may lead to supply shortages.
5. Grasp the core logic of the industry: "Price precedes quantity." Fluctuations in demand are objective and cannot be determined by upstream companies, but supply and market structure are firmly in the hands of companies. Neither expectations nor other periodic fluctuations change the logic and trend of the industry.
