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Helium (He) — U.S. Helium Prices Jump to 450 RMB/m³ as Super Cycle Approaches
Industry News

Helium (He) — U.S. Helium Prices Jump to 450 RMB/m³ as Super Cycle Approaches

2026-04-01

According to a Huaxin Securities research call cited by investment platforms, a Helium super cycle is approaching with clear transmission pathways :

  • Stage A: Qatar helium shortage

  • Stage B: U.S. and European price increases

  • Stage C: East Asian semiconductor-grade helium price increases (under preparation)

  • Stage D: Chinese consumer-grade helium price increases

  • Stage E: Full-scale helium price surge

Currently, U.S. helium prices have jumped to 450 RMB per cubic meter. Major suppliers including Air Liquide, Air Products, and Linde have already notified major semiconductor and memory manufacturers that helium supply is tight, with near-term price increases expected .

Domestic Chinese helium prices increased from 64 RMB/m³ to 71 RMB/m³ on March 30, an 11% increase. Analysts conclude that a full-scale helium price surge is imminent .

Key beneficiary categories identified by analysts include:

  • Semiconductor-grade helium shows greater price elasticity than consumer-grade helium

  • Qatar-sourced helium benefits more than Russian or domestic helium

  • Companies with long-term Qatar contracts and inventory advantages are best positioned 

Sources:

  • Huaxin Securities Research Call

  • Industry investment platform analysis, March 30, 2026