Recently, the price of modified plastics has been rising crazily! The key raw material for flame-retardant plastics "dioxideThe price of antimony remains high, and modification manufacturers really have no way to lower costs, so they can only pass on the cost pressure in the form of "price increases."

LG Chem: Due to the continuous rise in prices of key raw materials and the dual pressures of supply chain and policy environment leading to high costs, starting from March 25, 2025, the prices of all domestically produced ABS flame-retardant products in China will be increased by 3,000 yuan/ton temporarily.

Changchun ChemicalStarting from March 24, 2025, the prices of all LONGLITE®PBT products will be increased: Bromine-based flame retardant specifications: 4,500~7,000 RMB/MT (including tax). 530~850 USD/MT

Flame-retardant plastics require flame retardants, including brominated, phosphorus-based, and halogen-free types. The costs of these three raw materials have skyrocketed, particularly with a sharp increase in the price of brominated flame retardants. In the short term, export controls, environmental policies, a shortage of overseas antimony mines, and other factors are the core drivers behind the rise in the price of flame-retardant plastics, making it difficult for the upward trend in their prices to be reversed.

Let's take a look at today's spot market trends for plastics: