eJarn
Username/ID
Plear enter userid
Password      *Forgot Password?
Please enter password
Price of Refrigerants Increasing
2017/06/24
Since the fourth quarter of 2016, the prices of R22, R134a, R32, R125, and R410A refrigerants have been increasing in China, leading to an increase in costs within the downstream industry. The refrigerant price hikes ranged from 50 to 100% at the end of April compared with the beginning of 2017, with an increase of 68% for R22, 56% for R134a, and 94% for R410A. Moreover, the supply of refrigerants has been shrinking since April 2017.
 
The refrigerant price rises were mainly caused by increasing demand and limited production capacity. China’s total shipments of air conditioners for domestic and overseas markets reached 124 million units in 2016 and production continued to grow, driving demand for refrigerants. Refrigerant manufacturers have started to reopen some factories that had been shut down. However, some lines are still unable to resume production. In addition, certain refrigerant enterprises generated heavy pollution during the production process which did not comply with China’s environmental standards. Thanks to more stringent supervision, they have been forced to exit the market, leading to supply shrinkage. It is expected that the tight refrigerant supply situation will remain until August to November 2017.
To view the complete content, please log in.
Username/ID
Plear enter userid
Password      *Forgot Password?
Plear enter password