Refrigerant prices have seen more increases than decreases

2025 07/22

 

The refrigerant market continued to enjoy brisk production and sales, with product prices mostly rising and rarely falling.

Market characteristics during the week: The price of R22 for refrigerant applications has increased to 40,000 yuan/ton, accelerating the digestion of market inventory. With the intensified crackdown on illegal production across the industry, the high market price of R22 for ODS applications is expected to continue in the second half of the year. The recent price of R227EA for fire extinguishing agents has accelerated to a new high, and the market demand has increased significantly under the stimulus of price hikes. On the demand side, since July, the production scheduling scale of the air conditioning industry has decreased by more than 20% month-on-month, leading to a decrease in pre-sales demand for refrigerants R32 and R410A. The automotive industry continues to experience strong structural growth and steady overall growth, maintaining a steady increase in demand for R134A.

In summary, due to the intense internal competition experienced by the refrigerant industry during the peak years (2020-2022), the current market, characterized by a balanced supply and demand and orderly competition, continues to maintain a steady and upward trend.