Refrigerant prices rise again16th July 2016
As the UK and Europe begin the phase-down of HFCs, the price of the higher GWP refrigerants continue to rise.
Leading refrigeration wholesalers announced rises of 10-15% from the beginning of this month, with R404A, the highest GWP refrigerant, being particularly badly hit. As many in the industry warned, with the phase-down being based on CO2 equivalents the high GWP refrigerants are going to be most affected.
RW Wholesale, Dean & Wood, HRP and FSW were amongst those announcing a 15% increase in the price of R404A and R507. R134a, which will also be phased out from certain end uses, sees a rise of 10%.
R404A alternative R407A also sees a 10% increase. Air conditioning refrigerant R410A is increased by 10%, as is R407C.
The wholesalers say that they are passing on increases from the refrigerant suppliers, and it now appears we are settling into a cycle of six-monthly increases.