Movement Alert|Dongyue Group Rises 5.69% in Regular Trading, Refrigerant Prices Hit Decade-High Amid Rigid Quota Constraints

Market Focus
06/22

On June 22, Dongyue Group rose 5.69% in regular trading, trading at 22.38 HKD/share, with turnover of 4.95 billion HKD.

On the news front, domestic refrigerant prices have surged to near-decade highs, with R32 reaching 63,000 yuan/ton and R134a quoted at 64,000 yuan/ton, representing year-over-year gains exceeding 30%. On the supply side, the Ministry of Ecology and Environment has confirmed that the 2027 quota plan will remain essentially unchanged from this year, maintaining rigid production caps on third-generation refrigerants with near-zero supply growth.

Dongyue Group, as a leading domestic producer of both second- and third-generation refrigerants with high market share in core products including R22 and R32, stands as a primary beneficiary of the ongoing price upcycle. The convergence of structurally tight supply under quota constraints and robust demand from air conditioning, new energy vehicles, and cold chain logistics has driven sustained pricing momentum across the refrigerant sector.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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