[Market Focus] Lotte Chemical Drops 3% After Notifying Clients of Possible Supply Force Majeure

The stock price of Lotte Chemical, the second-largest chemical company in Korea, declined after the company notified its clients of a possible supply force majeure due to the Iran crisis.

As of 9:29 a.m. on March 12, 2026, Lotte Chemical was trading at 73,500 won, down by 2,600 won (3.42%) from the previous trading day.

It has been reported that on March 10, Lotte Chemical sent an official notice to its clients regarding the potential occurrence of a force majeure event. The company explained that it has become objectively impossible to secure sources for raw material procurement and product transportation, and stated that it would provide further information if there are delays in fulfilling its supply obligations.

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