Refrigerant Price Falls as Low Season Begins

Since July 2011, refrigerant sales have entered the low season and prices have fallen drastically. The price of R22 has fallen from the high of RMB 25,000 per metric ton (about US$ 3,900) to RMB 16,000 per metric ton (about US$ 2,500). The price for R410A decreased from RMB 68,000 per metric ton (about US$ 10,600) to RMB 46,000 per metric ton (about US$ 7,200), dropping 32%. The price of R134...