Dongyue Group (00189) fell nearly 5%, as of press time, it fell 4.83% to HKD 8.27, with a turnover of HKD 21.8849 million.
According to the Wisdom Finance APP, Dongyue Group (00189) fell nearly 5%, as of press time, it fell 4.83% to HKD 8.27, with a turnover of HKD 21.8849 million.
According to Fluorine Online, the refrigerant market is still in a stalemate, and the domestic sales production of home air conditioner enterprises in June and July has decreased by 10.0% and 12.5% respectively. Under the dual premise of sufficient industry inventory and weakened retail demand, the subsequent production plans of air conditioning companies have naturally shown a seasonal downward trend. Under the reduced production of downstream companies, refrigerant companies will operate at reduced capacity, downstream companies' purchasing initiative will weaken, and channels will continue to reduce inventory, resulting in the inversion of enterprise and channel prices. Companies with higher market concentration are hoarding quotas for sale, waiting for third-quarter air conditioning orders to be implemented.
Shanxi Securities research report pointed out that refrigerant production and sales are weak, R22 prices are flat compared with last week, and the prices of third-generation refrigerants have decreased by 1.5%-8%. At present, refrigerant manufacturers mainly produce on demand. The production of refrigerants R22, R134a, R125, and R32 are 9,840, 2,870, 2,670, and 6,990 tons respectively, with a week-on-week decrease of 0.81%, 2.71%, 2.20%, and 1.77%. Air conditioner enterprises' production in July has slowed down, and market demand is expected to gradually weaken.