Soft or flat prices in the first five months of the year ended with a thunderclap in June.

The holiday is over. Soft or flat prices in the first five months of the year ended with a thunderclap in June. As outlined below, virtually all commodity, engineering, and thermoset prices are brewing up a storm of increases.

 

PE prices up

Polyethylene prices gained 3¢ to 6¢/lb in June as May hikes took effect. Suppliers aim to implement two more increases—7¢ for June and 5¢ for July. The London Metal Exchange (LME) July short-term futures contract in butene LLDPE for blown film (56.2¢/lb) hardly budged from June.

Contributing factors: After losing 20¢ of last year’s increases, PE suppliers aim to regain 18¢ before summer’s end. Says one major producer, “While not stellar, demand is now much more solid and there is a momentum for firming up prices.” Ethylene monomer contract prices rose 1.5¢ to 2¢/lb in May and another 1-2¢ looked possible for June.

 

PP rising too

Polypropylene prices rose 4¢/lb in May and were on the way up another 5-6¢ in June. New hikes of 4-5¢/lb were announced for July 1. LME’s July short-term futures contract for g-p injection-grade homopolymer was also on the rise—54.8¢/lb vs. June’s 53.2¢ and May’s 50.1¢/lb.

Contributing factors: Suppliers cite increased demand and continued escalation of costs of monomer, energy, and transportation as prompting their price hikes. Propylene monomer contracts rose 2.5¢ in May to 49.5¢/lb, and June contracts were expected to gain another 3¢. Demand was up 3% to 4% from 2005 in the second quarter. Says one producer, “Supply is tight and demand is firming, but it’s hard to tell how much is inventory replenishment.”

 

Higher PET prices

June bottle-resin tabs rose 4¢/lb as suppliers implemented May increases. An 8¢ hike is coming for July.

Contributing factors: Pressure from feedstocks, particularly paraxylene, is behind the latest increases. Paraxylene shot up from its typical level of 30¢ to 40¢/lb to 58¢/lb in June and is expected to top 60¢ this month.

On the other hand, resin supply has been ample and is growing. Wellman started up a 300-million-lb line last month, the first of over 1.1 billion lb of new capacity due by early 2007. At the same time, demand in the second quarter was up 7% over the same period a year ago, and resin operating rates are back up to the low 90% range.

 

Other polyolefins

Ticona, the sole North American manufacturer of UHMW-PE, is increasing prices as much as 20% on July 1.

Eval Co. of America hiked EVOH 15¢/lb on June 1.

 

Small PVC hike possible

PVC resin prices were flat or slightly lower in April and May, but producers hoped to get half of their 2¢/lb hike for June. PVC demand picked up in May. Preliminary figures show 2006 demand down 4.4% through April but off only 2% through May. Resin operating rates rose from 88% in April to 92% in May, but sales were at 97% of capacity.

 

PS threatened by soaring benzene

Polystyrene prices, down about 8¢ since December, are poised to take off again. Producers implemented a 5¢ increase announced for May 1 and all supported a 4¢ hike for July 1. Two producers announced another hike for July 10—Dow for 6¢ and Nova for 4¢/lb.

Contributing factors: Contract benzene prices rose from $2.80/gal in May to $3.30 in June. That ate up the 5¢ hike in May and left producers still in the red.

 

Engineering resins up in June & July

Nylons—DuPont’s standard nylons are up 12¢ and Zytel HTN grades up 16¢/lb. BASF raised standard nylons 10¢ and specialties 12¢/lb. Honeywell’s extrusion, fiber, and neat nylon 6 are up 8¢, DSM increased nylon 6, 66, and 46 by 12¢/lb.

Polyesters—DuPont and DSM hiked PET, PBT, and copolyester TPEs 12¢/lb, while BASF and Ticona raised them only 10¢. DuPont’s PCT went up 16¢.

Styrenics—BASF and Lanxess hiked ABS, ASA, AES, SAN, ASA/PC, and ABS/nylon 7¢/lb.

Also, acetals from DuPont and BASF went up 10¢ and DuPont’s LCPs rose 16¢. Ticona’s filled PPS rose 10%.

 

Thermoset increases

Unsaturated polyesters saw a 3¢/lb increase from Reichhold, AOC, Interplastic, and CCP in late June.

On July 1, Dow lifted tabs of liquid and solid epoxies by 6¢ to 8¢/lb, while cycloaliphatic epoxides rose 20¢/lb June 15. 

 

 

Market Prices Effective Mid-June A
 
 RESIN GRADEb¢/LB¢/CU INc 

 ABS 

  

  
 
 MED IMPACT   80 - 90     3.0 - 3.4    
 HI IMPACT   85 - 125     3.2 - 4.7    
 X-HI IMPACT   95 - 140     3.6 - 5.3    
 HI HEAT   85 - 110     3.8    
 PIPE   85 - 110     3.2 - 4.1    
 SHEET   90 - 110     3.4 - 4.2    
 TRANSPARENT   125 - 165     4.9 - 6.4    
 FITTINGS   85 - 115     3.2 - 4.3    
 PLATING   95 - 105     3.5 - 3.9    
 FLAME RET   120 - 140     4.6 - 5.9    
 STRUCT FM   83 - 97     3.6 - 4.3    
 10% GLASS   125 - 140     5.0 - 5.6    
 30% GLASS   116 - 136     5.3 - 6.3    
 ABS/PC ALLOY   145 - 180     5.5 - 6.8    
 ABS/PVC ALLOY   130 - 135     5.8 - 6.1    
 ABS/NYLON ALLOY   190     7.3    


 ACETAL 

  

  
 
 HOMOPOL   130 - 147     6.7 - 7.3    
 20% GLASS   160 - 220     9.0 - 12.4    
 COPOLYMER   133 - 145     6.8 - 7.4    
 25% GLASS   160 - 230     8.1 - 11.7    


 ACRYLIC 

  

  
 
 G-P   117     5.0    
 IMPACT   192     8.2    


 ACRYLONITRILE COPOL 

  

  
 
 EXTRUSION   101 - 116     4.0 - 4.6    
 INJECTION   120 - 135     4.8 - 5.4    


 ALKYD 

65 - 74   

4.9 - 5.5   
 


 CELLULOSICS 

  

  
 
 ACETATE   187     8.6    
 CAB   189     8.2    
 CAP   189     8.2    


 DAP (G-P) 

251 - 497   

16.7 - 34.7   
 


 EPOXY 

  

  
 
 G-P RESIN   116 - 126     NAd    
 COMPOUNDS          
 C/B/Te   123 - 166     9.4 - 12.9    
 R/C/Df   208 - 271     15.3 - 20.1    
 SEMICONDUCTOR          
 NOVOLAC   193 - 228     13.1 - 15.9    
 ANHYDRIDE   188 - 268     13.9 - 19.2    


 EVA 

  

  
 
 INJECTION   46 - 52     1.5 - 1.7    
 FILM EXTRU   42 - 49     1.4 - 1.6    


 EVOH 

265   

11.3   
 


 FLUORO-POLYMER 

  

  
 
 CTFE   2500 - 5500    193 - 424    
 ECTFE   1470 - 1680    93.1 - 107.7   
 ETFE   1155 - 1680    70.7 - 102.8   
 FEP   971 - 1470     74.8 - 113.2   
 PFA   1785 - 2520    134.9 - 190.5    
 PTFE   450 - 900     34.8 - 69.7    
 PVDF   680 - 900     43.3 - 57.3    


 IONOMER 

  

  
 
 PACKAGING   127 - 166     4.3 - 6.0    
 INDUSTRIAL   150 - 244     5.0 - 8.3    


 LIQUID-CRYSTAL POLYMERS 

  

  
 
 INJECTION MIN FILLED   690 - 1035     44.2 - 72.1    
 GLASS FILLED   695 - 895     40 - 52    
 CARBON FILLED   1700 - 2000    83.2 - 138.6   
 UNFILLED   1000 - 1200    58 - 70    
 EXTRUSION UNFILLED   1200 - 2200    60.5 - 110.9   


 MELAMINE COMPOUND 

90 - 94   

5.5 - 5.6   
 


 MELAMINE/PHENOLIC COMPOUND 

75 - 83   

4.5 - 5.0   
 


 NYLON 

  

  
 
 TYPE 6   139 - 159     5.7 - 6.5    
 MIN FILLED   131 - 144     5.4 - 5.9    
 30% GLASS   148 - 173     6.0 - 7.0    
 TYPE 66   153 - 168     6.3 - 6.9    
 MIN FILLED   151 - 159     6.2 - 6.5    
 30% GLASS   142 - 192     5.8 - 7.9    
 TYPE 69   250 - 276     9.7 - 10.7    
 TYPE 6/10   286 - 313     12.4 - 13.6    
 TYPE 612   400     15.3    
 30% GLASS   309 - 311     14.7    
 40% GLASS   309     14.7    
 TYPE 46   295     12.6    
 TYPE 11   329 - 341     13.6 - 14.1    
 30% GLASS   331 - 350     15.0 - 15.8    
 40% GLASS   347 - 360     17.7 - 18.5    
 TYPE 12   318 - 341     12.1 - 13.0    
 30% GLASS   327 - 350     14.7 - 15.8    
 50% GLASS   299 - 340     15.6 - 17.8    
 TRANSPARENT AMORPHOUS   247 - 360     10.3 - 15.0    


 PHENOLIC MOLD COMP 

75   

3.8   
 
 REINFORCED GRADES   105 - 268     6.1 - 16    


 POLYAMIDE-IMIDEg 

  

  
 
 UNFILLED   2750     148.5    
 30% GLASS   2500     135    
 30% CARBON FIB.   3500     185    


 POLYARYLATE 

200 - 280   

8.8 - 12.3   
 


 POLYARYL SULFONE 

440   

21.8   
 


 POLYBUTYLENE 

  

  
 
 G-P   94 - 96     3.1    
 FILM   88 - 91     2.9    
 PIPE          
 COLD WATER   116 - 120     3.9 - 4.0    
 HOT WATER   162 - 166     5.5 - 5.6    


 POLYCARBONATE 

  

  
 
 INJECTION   138 - 165     5.9 - 7.0    
 20% GLASS   177 - 190     7.6 - 8.2    
 30% GLASS   178 - 217     7.6 - 9.3    
 EXTRUSION   145 - 180     6.3 - 7.8    
 BLOW MOLD   155 - 190     6.7 - 8.2    
 STRUCT FOAM   149 - 181     6.4 - 7.8    
 20% GLASS   235 - 255     10.1 - 11.0    
 FR   166 - 197     7.1 - 8.5    
 CD   140 - 200     6.0 - 8.6    


 POLYESTER (TP) PBT TYPE 

  

  
 
 UNFILLED   143 - 150     6.9    
 HI-IMP   154 - 165     7.6    
 30% GLASS, FR   185 - 207     11.9    
 STRUCT FOAM   159 - 165     NAd    


 PET 

  

  
 
 BOTTLE (RAILCAR)   86 - 91 Prices Went Up  
  4.3 - 4.6 Prices Went Up  
 
 MOD PET          
 30% GLASS   132 - 143     7.4    
 55% GLASS   148 - 155     9.8    
 30% GLASS FLAME RET   147 - 157     9.2    
 PETG COPOL   114 - 124     5.2 - 5.6    
 RESIN GRADEb¢/LB¢/CU INc 


 POLYESTER THERMOSET 

  

  
 
 G-P ORTHO   135 - 140     NAd    
 ISOPHTHALIC   160 - 170     NAd    
 BIS-A   205 - 210     NAd    


 PEEK 

4400   

231   
 
 30% GLASS   3300     173    


 POLYETHERIMIDE 

641 - 646   

29.3 - 29.5   
 
 30% GLASS   526 - 531     24.0 - 24.2    


 POLYETHERKETONE (PEK) 

2950   

130.1   
 
 30% GLASS   2600     153    


 POLYETHERSULFONE 

350 - 400   

17.2 - 19.7   
 
 30% GLASS   425 - 525     21 - 25.9    


 POLYETHYLENE (RAILCAR) LDPE 

  

  
 
 G-P MOLDING & EXTRU   89 - 91 Prices Went Up  
  2.9 - 3.0 Prices Went Up  
 
 INJECTION   91 - 93 Prices Went Up  
  3.0 - 3.1 Prices Went Up  
 
 LID RESIN   92 - 94 Prices Went Up  
  3.1 Prices Went Up  
 
 LINER   87 - 89 Prices Went Up  
  2.9 Prices Went Up  
 
 CLARITY   84 - 86 Prices Went Up  
  2.8 Prices Went Up  
 
 EXTRU COATG   88 - 90 Prices Went Up  
  2.9 - 3.0 Prices Went Up  
 
 BLOW MOLD   92 - 94 Prices Went Up  
  3.1 Prices Went Up  
 


 LLDPE, BUTENE BASED 

  

  
 
 G-P MOLDING   76 - 78 Prices Went Up  
  2.5 - 2.6 Prices Went Up  
 
 LME 30-DAYj   56.2 Prices Went Up  
  1.9 Prices Went Up  
 
 FILM   78 - 80     2.6    
 ROTOMOLD   80 - 82 Prices Went Up  
  2.6 - 2.7 Prices Went Up  
 


 LLDPE, HAO-BASED 

  

  
 
 G-P MOLDING   79 - 91 Prices Went Up  
  2.6 - 2.7 Prices Went Up  
 
 LID RESIN   89 - 91 Prices Went Up  
  2.9 - 3.0 Prices Went Up  
 
 LINER FILM   83 - 85 Prices Went Up  
  2.7 - 2.8 Prices Went Up  
 


 HDPE 

  

  
 
 G-P INJ MOLD   76 - 78 Prices Went Up  
  2.6 - 2.7 Prices Went Up  
 
 FILM   84 - 86 Prices Went Up  
  2.8 - 2.9 Prices Went Up  
 
 BLOW MOLD   78 - 80 Prices Went Up  
  2.7 - 2.8 Prices Went Up  
 

 HMW-HDPE 

  

  
 
 BLOW MOLDING   83 - 85 Prices Went Up  
  2.8 - 2.9 Prices Went Up  
 
 FILM   85 - 87 Prices Went Up  
  2.9 Prices Went Up  
 
 PIPE   90 - 92 Prices Went Up  
  3.1 Prices Went Up  
 


 UHMW-PE 

100 - 125   

3.6 - 3.7   
 


 PPE/PPO BASED RESIN 

  

  
 
 INJECTION   180     6.8    
 20% GLASSh   283     12.3    
 30% GLASSh   291     13.3    
 EXTRUSIONh   242     9.2    
 STRUCT FM   231     NAd    


 PPS 

  

  
 
 40% GLASS   357 - 404     21.2 - 24.0    
 55% GLASS/MINERAL   289 - 310     20.8 - 22.3    
 65% GLASS/MINERAL   226 - 273     15.5 - 18.7    


 POLYPROPYLENE (RAILCAR) 

  

  
 
 G-P HOMOPOL INJECTION   80 - 82 Prices Went Up  
  2.6 - 2.7 Prices Went Up  
 
 LME 30-DAYj   54.8 Prices Went Up  
  1.8 Prices Went Up  
 
 EXTRUSION FIBER   78 - 80 Prices Went Up  
  2.5 - 2.6 Prices Went Up  
 
 PROFILES   84 - 86 Prices Went Up  
  2.7 - 2.8 Prices Went Up  
 
 RANDOM COPOL          
 BLOW MOLDING   85 - 87 Prices Went Up  
  2.8 Prices Went Up  
 
 FILM   84 - 86 Prices Went Up  
  2.7 - 2.8 Prices Went Up  
 
 INJECTION   82 - 84 Prices Went Up  
  2.7 Prices Went Up  
 
 IMPACT COPOL          
 MED IMP   93 - 95 Prices Went Up  
  3.0 - 3.1 Prices Went Up  
 
 HI IMP   96 - 98 Prices Went Up  
  3.1 - 3.2 Prices Went Up  
 


 POLYSTYRENE (RAILCAR) 

  

  
 
 G-P CRYSTAL   66 - 74 Prices Went Up  
  2.5 - 2.8 Prices Went Up  
 
 HI HEAT   69 - 77 Prices Went Up  
  2.6 - 2.8 Prices Went Up  
 
 HIPS   67 - 74 Prices Went Up  
  2.5 - 2.8 Prices Went Up  
 
 SUPER HI IMP   77 - 83 Prices Went Up  
  2.6 - 3.1 Prices Went Up  
 
 FR   85 - 93 Prices Went Up  
  3.2 - 3.5 Prices Went Up  
 
 STRUCT FM (FR)   105 - 108        


 EPS 

  

  
 
 UNMODIFIED   85 - 88     NAd    
 MODIFIED   86 - 90     NAd    


 POLYSULFONE 

605   

27 - 27.3   
 
 10% GLASS 430 20.6   557 - 612     24.9 - 25    
 30% GLASS 372 20.01   557 - 562     24.9 - 25    


 POLYURETHANE (TP) 

  

  
 
 ESTER TYPE   185 - 255     8 - 11    
 ETHER TYPE   245 - 295     10.6 - 13    


 PU ISOCYANATES 

  

  
 
 POLYMERIC MDI   118 - 135     NAd    
 80/20 TDI   145 - 155     NAd    


 PVC RESIN (RAILCAR) 

  

  
 
 G-P HOMOPOL   53 - 55     NAd    
 PIPE   50 - 52     NAd    
 FILM   61 - 64     NAd    
 COPOLYMER FLOORING   71 - 73     NAd    
 DISPERSION HOMOPOLY   84 - 90     NAd    
 COPOLYMER   89 - 93     NAd    
 CPVC PIPE COMPOUND   119     NAd    


 PVDC 

  

  
 
 EXTRUDABLE   162     NAd    


 SILICONES 

  

  
 
 MOLD. COMP.   581 - 640     38.1 - 39.3    
 SPECIALTY GR.   891 - 3148    NAd    
 SILICONE/EPOXY   339 - 343     22.5 - 22.8    


 STYRENEACRYLIC 

108 - 112   

3.7 - 4.0   
 


 SAN (G-P) 

66 - 74   

2.5 - 2.8   
 


 STYRENE MALEIC ANHYDRIDE 

  

  
 
 G-P   110 - 115     4.2 - 4.3    
 HI IMP   130 - 140     4.2 - 4.5    
 FR   175 - 183     6.7 - 7.0    


 TP ELASTOMERS 

  

  
 
 OLEFINIC   70 - 76     2.4    
 POLYAMIDE   287 - 337     10.4 - 12.3    
 POLYESTER   200 - 310     8.8 - 13.6    
 STYRENIC   82 - 237     2.9 - 8.3    


 UREA MOLDING COMPOUND 

  

  
 
 BLACK & BROWN   76     3.8    
 WHITE & IVORY   81     4.0    


 VINYL ESTER 

  

  
 
 COR RES   205 - 217     NAd    
 HEAT & COR RES   230     NAd    


KEY: Colored areas indicate pricing activity. An arrow () indicates direction of price change. aTruckload, unless otherwise specified. bUnfilled, natural color, unless otherwise specified. cBased on typical or average density. dNot applicable. eNovolac and anhydride grades for coils, bushings, transformers. fNovolac and anhydride grades for resisitors, capacitors, diodes. gIn quantities of 20,000 lb. h19,800-lb load. jLME 30-day futures contract for lots of 54,564 lb..