R134a Prices – What the GWP is going on!
The story behind the turbulent pricing of R134a goes back to January 2015 when the EU introduced a quota system that limited the amount of refrigerant producers and importers could distribute. The consequences were predictable; short supply issues ensued and both customers and end users purchased larger than usual quantities. The trend continued and prices were driven up to over £400 a cylinder by summer 2018, and if that wasn’t enough suppliers were advising that 2019 quotas would be even stricter and supply increasingly difficult.
In response to the increased expense of refrigeration some of the largest users, for example supermarkets, took action to better manage their usage introducing initiatives such as chiller cabinets with doors on. Always a hot topic, the media’s relentless focus on eco issues heightened the public’s sensitivity to eco issues and increasingly aware of the cost of leaking this refrigerant into the environment consumers were driven to make sure the leaks in industrial systems were fixed. These factors together with people sitting on stocks from 2018 all contributed to reduced demand in 2019.
The cooler start to the year has also led to a drop in demand, with many able to get by without switching their air conditioning on. Our suppliers have told us they are unsure if the price will stay lower than last year, if the demand increases rapidly in the summer. We have seen prices changing on a day to day basis and there is no indication that the market will become more stable in the immediate future.
If you are looking to buy R134a, we currently have a promotion available on bulk quantities. Please contact us for details give us a call on 01453 891320 or send an enquiry via the website. https://www.apairltd.com/R134a-12kg
You are probably already aware that all new cars and light commercial vehicles were supposed to change to Lower GWP (Global Warming Potential) R1234yf refrigerants from the 1st January 2018. If you work on automotive vehicles you will need to consider adding to your existing air conditioning offering and as we stock a range of service machines for cars, trucks and buses as well as tractors and construction vehicles we are well placed to help you. For more information take a look here: https://www.apairltd.com/products/tools/charging-equipment/a%252fc-service-station