Cook said he’s been surprised by R-22 in 2013, calling it his biggest surprise of the year.
“We expected there to be less refrigerant available this year than last year, and in fact, there’s quite a bit more,” Cook said. “It’s led to a rapid softening of R-22 pricing, and I think some distributors, ourselves included, are kind of stuck with some high-priced inventory we bought earlier in the year thinking it was going to be allocated sooner than later. In fact, our supplier did allocate it. We looked at the numbers and thought we wouldn’t have enough to supply our customers, but there’s been plenty of R-22 and the price continues to drop, which has left many quite surprised.”