World News

Industry news and insights from Europe and around the World

UK News

Latest news and developments in the United Kingdom

Products

Keep up-to-date with the latest new products and technology

Features

General articles, applications and industry analysis

Prices of R134a and R32 on the rise

EUROPE: Prices of refrigerants R134a and R32 saw significant increases in Europe in the third quarter of this year compared to Q2. 

Latest findings from Öko-Recherche show average increases of 11% across the supply chain, while prices in China have actually dropped. The price of R32 was up 18% at contractor level.

Prices for the high GWP gases/blends R134a and R410A have been on the increase since Q3/2021 (on average up by 42% and 16%, respectively, throughout the supply chain). Most EU suppliers indicated that they had stopped selling virgin R404A.

Prices of alternatives such as HFC/HFO blends mostly showed decreases in comparison to the previous quarter; R448A, R449A and R452A went down by 3%, 1% and 2%, respectively.

Supplies of refrigerant were general reported as being stable during the period, although there were a few reports of limited regional availability of R1234ze.

The price of quota authorisations increased, with prices ranging from €10 to €15/tCO2e. Average authorisation prices, at around €12/tCO2e increased by 90% compared to the previous quarter.

Compared to 2014, prices of R134a have seen a six-fold increase, while R410A is up to four-times higher. Compared to Chinese producer prices, European selling prices for R134a are three-times higher.

Latest News

15th April 2024

Invertek passes 3 million VFD landmark

UK: Welshpool-based Invertek Drives Ltd has celebrated producing its three millionth variable frequency drive.
15th April 2024

CDL opens Holmes Chapel branch

UK: Air conditioning distributor Cool Designs Ltd (CDL) has opened a new branch at Holmes Chapel near Crewe.
15th April 2024

Nidec to increase water cooling production

JAPAN: Nidec is to increase production of its coolant distribution unit (CDU) production line in Thailand from 200 to 2,000 units per month by June 2024.
15th April 2024

François Audo joins Enex as CEO

ITALY: François Audo has been appointed CEO of Enex Technologies, the Treviso-based manufacturer of cooling, heating, ventilation and refrigeration equipment.
15th April 2024

Cheap gas and policy changes hit heat pump sales

BELGIUM: Cheap gas and expensive bank loans are cited as two key reasons behind the dramatic fall in heat pump sales in Europe last year.
14th April 2024

IRAC 2024 returns to Dublin

IRELAND: IRAC 2024, Ireland’s biennial refrigeration and air conditioning exhibition, opens its doors next Friday with over 30 exhibitors showcasing their products and services.