Supply side: Quota control + low inventory, insufficient supply elasticityThe core constraint on the refrigerant market in 2026 remains "quotas." This year, the quota adjustment for single-product HFCs (third-generation refrigerants) has increased from 10% last year to 30%, allowing factories to ...

While market sentiment varies in the refrigerant market, channel sales remain flexible, and the overall trend remains stable with a slight upward movement. Recently, as automakers and air conditioning companies have finalized long-term contract prices, the transaction prices of several refrigerant...

With increased expectations for air conditioner production after the New Year and exports gradually recovering since January, seasonal demand confidence among enterprises and distributors has rebounded, leading to price increases for many products. However, due to high prices, market inventory build....

OverviewThe 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...

Short term: Tight supply-demand balance continues, prices and profits remain high.From Q4 2025 to Q1 2026, the refrigerant market will continue its pattern of "rigid supply and stable demand." On the supply side, over 90% of the 2025 HFCs quota has already been consumed. In Q4, most companies enter ...