CHINA: Reports from China reveal a surge in August in the price of commonly used refrigerants such as R134a, R125, and R410A.
The price of R125, in particular, a major component of R410A, hit a record high at the end of August, following an increase of 48% in just a week. This latest rise represented an increase of 70.2% from the beginning of August, and a year-on-year increase of 175%.
A rise in the price of the raw materials are blamed, in particular the price of perchloroethylene, a chemicial critical in the production of both R134a and R125, amongst others. The price of this key raw material is reported to have risen over 100% in August to 15,000/ton ($2,325). This represents an increase of 85% from the beginning of the year, and an increase of over 250% on the same period last year.
The prices of hydrogen fluoride, another key HFC raw material, and trichloroethylene have also seen rises.
The post Chinese refrigerant prices on the rise appeared first on Cooling Post.
source https://www.coolingpost.com/world-news/chinese-refrigerant-prices-on-the-rise-2/
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