Dongyue Group (00189) fell more than 3%. As of press time, it fell 3.13% to HKD 8.66, with a turnover of HKD 61.684 million.
According to the Tune Financial News app, Dongyue Group (00189) fell more than 3%. As of press time, it fell 3.13% to HKD 8.66, with a turnover of HKD 61.684 million.
On the news front, according to Fluoride Online, the refrigerant market began to decline in the short term. Due to good demand in the previous period, the market transmission rose quickly. After entering the off-season of production, the market demand weakened under high prices, suppressing purchasing demand, and the channel purchasing mentality weakened. The main focus is on removing inventory, and the willingness of enterprises with high market concentration to support prices exists, but under the deadlock game, the market is showing a downward trend. In the short term, R125, R134a, and R32 refrigerants have good profits and make small concessions.
Shanxi Securities pointed out that refrigerant manufacturers mainly produce according to demand. Last week, the production of refrigerants R22, R134a, R125, and R32 was 9,920, 2,950, 2,730, and 5,080 tons, respectively, with weekly changes of +0.51%, -1.67%, -1.09%, and -0.97%. Air conditioning companies slowed down production scheduling in June, and after-sales demand has not yet exploded, but production demand has started to decline. The market demand side is gradually weakening, and the price trend of mainstream products is varied.