The severe shortage of flame retardants has caused a serious imbalance between supply and demand, with prices skyrocketing and no signs of improvement in the coming months. Changchun Chemical, leveraging its scale advantage, is still able to ensure a certain quota. Due to the shortage and price surge of flame retardants, Changchun Chemical has had to raise prices again, with Changchun PBT increasing by 7,000 since July, along with a price increase notification letter.
2021/09/29
Changchun PBT issued another price increase notice in August, with a cumulative increase of 5,000 yuan per ton in about a month.
2021/08/09
Changchun PBT Price Increase Notification Letter
The price of the key upstream raw material 1,4-butanediol (1,4-BDO) for modified PBT has started to rise again, and supply is tight. Other modified raw materials such as glass fiber, flame retardants, and various additives are in short supply. In order to ensure product quality and service quality, it is necessary to make price adjustments for modified PBT.
2021/07/17
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