On June 9, 2026, the copper cost already reached 104500RMB/ton, brand new history record. such increasing had continued for years, but sharp increasing begun from the end of 2025:
|
Year |
Copper Price (RMB/ton) |
| 2020 | 45,000–58,000 |
| 2023 | 65,000–70,000 |
| 2025 | 67,000–102,000 |
| 2026 | 102000+ |
From above data, compared with 2020, copper cost has more than doubled.
For example, a 10 kW heat pump containing 30 kg copper:
- At 50,000 RMB/ton → copper cost = 1,500 RMB
- At 104,250 RMB/ton → copper cost = 3,127 RMB
That’s an increase of 1,627 RMB per unit just from copper.
Sharp rising copper prices in 2026 directly increase heat pump manufacturing costs.
Why copper matters in heat pumps?
Copper is used in:
- Refrigerant tubing
- Evaporator and condenser coils
- Heat exchangers
- Compressor windings
- Electrical wiring
Which heat pump products are affected most?
Most affected:
- Swimming pool heat pumps
- Air-to-water heat pumps
- Commercial heat pumps
- Water chillers
- Large-capacity units with oversized heat exchangers
A residential air-to-water heat pump may contain 15–40 kg of copper, while large commercial units can contain well over 100 kg. Copper-intensive heat pumps or water chiller components have already seen significant cost pressure as copper prices reached record levels in 2026.
Copper prices have increased significantly, but SolarShine Renewable Energy Technology Co., Ltd has maintained all copper parts, tubes, heat exchanger quality and compressor specifications rather than reducing material thickness.
Post time: Jun-09-2026