AC Prices Set to Surge This Summer Season Room air conditioner prices are expected to increase by 5 to 15 percent in the coming months as manufacturers face mounting cost pressures from multiple directions. The primary driver behind these price hikes is the significant rise in copper prices in global markets, which directly impacts the production costs of cooling units. Copper is a critical component in AC manufacturing, used extensively in compressors, wiring, and heat exchangers. Beyond raw material expenses, manufacturers are grappling with currency headwinds. The weakening rupee against the US dollar has made imported components considerably more expensive, forcing companies to pass these costs onto consumers. This currency depreciation affects not only copper but various other imported materials essential for air conditioner production.
