In Q1 2025, Polycarbonate (General Purpose) prices in South Korea saw a slight dip, settling at $1,945/MT FOB Busan, reflecting a 1.4% decrease from Q4 2024. This movement was largely attributed to moderate demand from end-use industries and improved inventory management by manufacturers. While global supply chain constraints persisted, better production planning and steady shipments helped maintain a balanced market. However, a significant disruption occurred in late February when a major power outage impacted operations at LG Chem and Lotte Chemical—two of the country’s leading chemical producers—resulting in halted production and substantial financial losses. Despite this setback, demand remained steady, particularly from the electronics and automotive sectors, supporting a stable market outlook going forward.



