In June 2017, output of HCFC-22 is about 38.11 thousand tons, up 0.12% y-o-y, down 6.4% y-o-y. HCFC-22’s price ...
ChinaIOL Data: in September, output of China RAC is 10157 thousand units, up 14.8% y-o-y. Sales volume of China RAC is 9819 thousand units, up 14.5% y-o-y. Domestic volume of China RAC is 7236 thousand sets, up 17.8% y-o-y. Export volume of China RAC is 2583 thousand units, up 6.1% y-o-y.
Domestic: terminal sales get a well achievement in RY2017. Commercial inventory is not high. Distributors are willing to stock products for sufficient capital and “11.11”Day. In addition, although the domestic volume of the terminal market in September is not as expected, it has also achieved growth. In September, industrial output is 10157 thousand units. Sales volume is 9819 thousand units. Industrial inventory is 338 thousand units.
Export: in September, Midea increases 1.5% y-o-y. GREE increases 4% y-o-y. Changhong increases over 75% y-o-y. In addition, AUX, Chigo and Haier Y-O-Y growth also increase a lot. Export volume of China RAC increases very fast at Middle East and Southeast Asia. Middle East is the fastest information technology emerging market in the world. Dubai is creating “intelligent city”, which brings chance for intelligent RAC.
At Southeast Asia, export volume of China RAC increases rapidly at South Korea and Malaysia. At European, export volume of China RAC will decrease for low temperature in 2017H2.