refrigerant Prices in India | |
According to Indian Petrochem, prices of Floron R-134a refrigerant gas have seen a slight but firm upward revision in the Indian market today. The current rate stands at Rs 678 / kg, up from the previous level of Rs 674/kg, marking a Rs 4/kg increase. This price hike is being attributed to multiple contributing factors. Firstly, there is strong seasonal demand from the automotive servicing and commercial refrigeration sectors, which are seeing peak activity during this time of year. R-134a is a widely used refrigerant in car air conditioning systems and refrigerators, and the surge in service requirements has increased buying pressure. Secondly, supply constraints from domestic manufacturers, combined with higher raw material costs, have pushed up the landed price of Floron R-134a. Key feedstocks like trifluoromethane have witnessed cost fluctuations in the global market, particularly from Asian suppliers. Additionally, logistics and handling charges have edged up due to fuel cost hikes and monsoon-related transport delays across several regions in India. Globally, the R-134a market is projected to grow at a CAGR of approximately 4.2% from 2024 to 2029, driven by steady demand from the automotive and appliance sectors, particularly in Asia-Pacific. While long-term environmental regulations continue to encourage a shift towards lower-GWP refrigerants, R-134a remains in high demand for existing systems and aftermarket servicing. Distributors are reporting increased bookings and precautionary stocking by retailers to avoid further price hikes. Market sentiment suggests that prices may remain firm or rise slightly in the coming weeks if supply-side issues persist, refrigerant Prices in India, Indian refrigerant Prices, Indian Prices refrigerant, IndianPetrochem. #refrigerantPricesinIndia #IndianrefrigerantPrices #IndianPricesrefrigerant #IndianPetrochem | |
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Target State: All States Target City : Delhi Last Update : 07 July 2025 8:15 PM Number of Views: 17 | Item Owner : Indianpetrochem Contact Email: Contact Phone: (None) |
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