"Power outages" lead to a reduction in raw material output, Teijin raises PC and ABS prices

Teijin Corporation announced that it will raise prices for its Panlite polycarbonate (PC) resin and Multilon PC/Acrylonitrile Butadiene Styrene (ABS) phosphorus flame retardant grades starting November 1
.

The specific price increases are as follows:

Product

new price

Panlite phosphorus flame retardant grades
are increased by 10 yen or more per kilogram (Japanese market);

$100 or more per ton (global market)
.

Multilon phosphorus flame retardant grades will be 
increased by 30 yen or more per kilogram (Japanese market);

Up $300 or more per ton (global markets)
.

Teijin said that phosphorus-based flame retardant raw materials are used as auxiliary materials for flame retardant products.
Due to the shortage of domestic electricity in China, the national power curtailment measures have a greater impact, resulting in a substantial reduction in the output of raw materials
.

In this case, the supply of such flame retardants is extremely tight and the price is soaring
.
In addition, due to tight supply and demand, the price of bisphenol A, the main raw material for the production of polycarbonate resin, has risen
.
These factors have affected profitability, and Teijin has therefore raised the prices of its products to ensure a stable supply
.