R134a Price in China Steady Week-on-Week at USD 9,674/tonne
R134a in China held at USD 9,674/tonne on 2026-09-03, matching its 52-week high, after a 40.1% rise over the past year.
R134a prices in China stood at USD 9,674/tonne as of 2026-09-03, unchanged from USD 9,672/tonne a week earlier. The monthly change was +0.5%, from USD 9,625/tonne on 2026-08-04, while the quarterly change was +5.0%, from USD 9,213/tonne on 2026-06-05. Year on year, the price is up 40.1% from USD 6,904/tonne on 2025-09-03. The latest quote is the 52-week high; the 52-week low of USD 6,904/tonne was recorded on 2025-09-03.
Supply conditions remain constrained. The Ministry of Ecology and Environment set the 2026 national production cap for third-generation HFC refrigerants at 797,800 tonnes, strictly limiting supply-side elasticity. Chuangfu Chemical reported that rigid production quotas and low supply chain inventory levels forced R134a prices to maintain record-high levels through early August.
Demand-side pressure has also contributed. ChemNet reported that strong demand from the new energy vehicle sector and high-capacity cold chain logistics utilisation drove persistent refrigerant shortages.
Claight market monitoring shows that upstream raw material costs for fluorspar and hydrofluoric acid rose throughout the year, establishing a higher price floor for R134a production. China Report noted that manufacturers prioritised long-term contract fulfilment and exports, leaving spot market supply tightly constrained during the summer peak season.