The refrigerant industry has entered a new cycle
As refrigerant enters the quota supervision stage, the effective supply of the industry shifts from capacity to quota, the oversupply state of the industry is significantly improved, and the supply and demand pattern changes substantially. At the same time, the industry pattern has been greatly optimized to improve the pricing power of products, and since the fourth quarter of 2023, the price of the third generation of refrigerants has recovered significantly, and the industry may have entered the boom cycle.
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