The output of air-conditioner dipped by 0.4% to 9.55 million this June, and the sales volume totaled 10.33 million, down 0.9%. While as the volume of sales declined slightly, the stock of air-conditioner decreased by 31.4% year-on-year to 5.54 million; air-conditioner suffered the least from the exit of the subsidy policy because of the hot summer. If the hot weather lasts to the end of July, it is expected that the short-term growth of the home appliance industry would continue to rebound with stable end demand and distributors operating with low stocks.
The sales volume in the domestic market was 5.99 million in June (down 1% year-on-year), which gave the channel inventories a relief as the previous stock finds its buyers; as July ends soon, leading companies will probably increase the number of output, but they won’t sell a great amount of products in the market at this time. It is predicted that, in order to regain capital, dealers will place focus on promoting the sales of the channel inventories, so that they can be prepared for August.