Oil price hikes might raise polycarbonate prices in third quarter

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Oil price hikes might raise polycarbonate prices in third quarter

Global prices of optical-grade polycarbonate (PC), a key material for making optical discs, have fallen from above $3 per kilogram at the end of last year to $2.80 per kilogram this quarter, but the recent hikes in the price of crude oil to more than $70 per barrel might push the price of PC to $3 or even higher next quarter, according to local makers of optical discs. The price fall of optical-grade PC since the end of last year was due to increased global production of the material, the sources indicated.

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