In June, as the production schedule of key air-conditioning companies dropped to 16.36 million units, a month-on-month decrease of 7%, the orders of copper pipe companies are also expected to decline. Air-conditioning companies currently have adequate stocks in preparation for the "618” Shopping Festival and future sales.
The production schedules for household air conditioners in June, July, and August all declined month-on-month. In June, due to the hot weather in Guangdong, the sales of air conditioners were booming, and the 24-hour continuous operation of processing workshops has boosted confidence to the sales of air conditioners.
If the inventory decline at air-conditioning companies accelerates, orders in the copper pipe industry should fall only slowly during the off-season.
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