Polycarbonate prices increase €140/mt in November 2021, according to GC Intelligence prices assessments.
Disruptions to supplies, logistics issues, rising raw materials costs, and now high utility bills created another wave of price increases.
The latest addition to costs has been the rising gas prices which has pushed up electricity costs for producers.
There were announcements of increases between €450/mt and €650/mt. But as prices are already at very high levels for buyers, there was considerable resistance.
Therefore, players are trying to negotiate higher prices in stages. While many buyers will probably not absorb the entire proposed increases, they may have to accept substantially higher prices by Q1.