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Refrigerant Prices Soar in China and Europe
2017/12/23
China
 
Refrigerant prices have risen again in China. The price of R32 reached RMB 23,250 (about US$ 3,520) per ton in November, increasing cumulatively by 57.3% compared with early September. The price of R410A surpassed RMB 32,330 (about US$ 4,890) per ton, rising 29.3% compared with the lowest quotation of RMB 25,000 (about US$ 3,780) per ton in September. The prices of R125 and R134a also rose markedly. The price of R125 reached RMB 38,000 (about US$ 5,750) per ton and that of R134a was RMB 23,500 (about US$ 3,560) per ton.
 
In the first half of this year, refrigerant prices have seen soaring. After the temporary drop from July, they bounced back in mid-September. The refrigerant price rises are due to the price rise of hydrofluoric acid upstream. China is strengthening environmental protection measures, and many ineligible production bases of hydrofluoric acid have been closed, leading to a supply shortage and price rises.
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