US’s antidumping probe to deviate China’s refrigerant trajectory
Published: Thursday, 21 April 2016
End-market update: Further probes into the alleged dumping of Chinese low-priced refrigerants such as R134a by the US is likely to push excessive capacities on to other potential markets until the phase out is accomplished. As long as the progress of the HFC phase down outside the US, Europe and Japan remains slow as fewer Non-Article 5 countries have taken a lead to develop alternative refrigerants, this means that low-cost supplies from China are likely to dominate the refrigerants market.
Excess capacities in the fluorocarbon market could mount
further as growing imports of low-priced fluorocarbons and
refrigerants from China are likely to face antidumping duties
from the US, rerouting trades to already oversupplied
The US Department of Commerce and the US International Trade
Commission (USITC), on behest of American...