In Q1 2025, Acrylonitrile Butadiene Styrene (Injection Moulding Grade) prices in South Korea continued their downward trend, settling at $1,456/MT FOB Busan, reflecting a 3.42% decrease from Q4 2024. The decline was primarily attributed to subdued procurement activity amid cautious buying sentiment in key downstream sectors such as consumer electronics and appliances. Improved supply availability and stable production levels earlier in the quarter contributed to the price drop. However, the market was impacted in late February by a major power outage that disrupted operations at LG Chem and Lotte Chemical, two of South Korea’s leading petrochemical producers leading to temporary production halts and raising concerns over short-term supply tightness. Despite the disruption, sufficient inventory from previous quarters helped prevent sharp price fluctuations, and demand from the automotive sector provided moderate support moving forward.









