Prices of all sorts of commodity and engineering thermoplastics and thermosets are rising by leaps and bounds, reacting to equally strong increases in feedstock costs. PE PRICES UP SHARPLYPE prices moved up 3¢/lb in May, after a 3¢ increase in April.

Prices of all sorts of commodity and engineering thermoplastics and thermosets are rising by leaps and bounds, reacting to equally strong increases in feedstock costs.

 

PE PRICES UP SHARPLY

PE prices moved up 3¢/lb in May, after a 3¢ increase in April. A 5¢ hike slated for June was working its way into the market, and a 7¢ increase was announced for July 1. Meanwhile, the London Metal Exchange (LME) North American short-term futures contract for July in blown film butene LLDPE was 73¢/lb, a big jump from June’s 68.5¢/lb.

Contributing factors: It’s likely that the June 5¢ hike will be fully implemented, according to Mike Burns, global business director for PE at resin purchasing consultant Resin Technology, Inc. (RTI), Fort Worth, Texas. Continued increases in feedstock costs and low resin inventories are supporting factors. April-May contracts for ethylene monomer moved up a total of 4¢/lb, and there were bids for at least a 5¢ increase in June.

Domestic PE demand remains lackluster, but HDPE supply is still extremely tight. According to Burns, one factor was Nova Chemicals’ unexpected delay in starting up a new plant after shuttering an older one. Export demand is down from last year but still above historical levels, owing partly to the weak dollar. A PE plant explosion in China has renewed export opportunities here.

 

BIG PP HIKE PENDING

Polypropylene prices moved up 4¢/lb by June 1, although suppliers had posted a 5¢ hike. New hikes were announced in May for June 1, which started out at 5¢/lb but ended up at 8¢/lb. The July LME North American short-term futures contract for g-p injection-grade homopolymer sold for 78.9¢/lb, up from June’s 73.9¢.

Contributing factors: The resin hikes are linked directly to soaring feedstock prices. Propylene monomer contracts in May moved up 4¢ to 69¢/lb, and June contracts were up 6¢ to a historical peak of 75¢/lb. Cindy Bryan, director of market research at RTI, predicts that PP suppliers will probably get 6¢/lb out of their 8¢ June hikes.

Domestic PP demand is still down and U.S. PP exports to most parts of the world have dropped significantly. Says RTI’s Bryan, “Propylene monomer prices are too high, making PP exports cost-prohibitive, and there is competition with exports from Europe and the Middle East.” Meanwhile, PP suppliers have curtailed production, reducing their inventories to about 36 to 38 days, vs. the usual 40-45 days.

Resin supplies are expected to tighten over the next two months, as both Formosa Plastics and LyondellBasell have suffered mechanical breakdowns and utility supply distruptions. Formosa declared force majeure on all of its PP products, which was estimated to result in a 15% reduction of its PP shipments in at least June and July. LyondellBasell did not declare force majeure, but said that severe production problems at both its Bayport, Texas, and Lake Charles, La., PP plants, resulted in its having to fill resin orders from inventory. The company has suspended spot and other non-contract sales.

 

PET RISING

PET prices were up as much as 4¢/lb in May as suppliers sought to implement a 4¢ increase after pushing through the April 5¢ hike. Meanwhile, a 3¢/lb increase for June 1 and 5¢ for July 1 were also in the works.

Contributing factors: The increases are driven by rising prices of feedstocks. While ethylene glycol prices leveled out after having risen significantly in the first quarter, prices of the more critical paraxylene component keep going up. From December through May, paraxylene prices rose 10¢/lb. Industry sources project further price increases because paraxylene follows crude oil prices, and its supply is tight. Meanwhile, PET resin supply is loose due to lackluster demand and new capacity that came on stream in the last year.

 

PVC PRICES UNSETTLED

In mid June, the 4¢ increase supported by all resin producers for May 1 still hadn’t settled. Buyers and sellers alike were awaiting the CDI price index to come out later in June, since Many PVC contract prices are pegged to it. Resin producers say the 4¢ is solid for May shipments. Processors, however, want 2¢ in May and 2¢ in June. Georgia Gulf, Formosa, and OxyChem announced a 4¢ hike for July 1. Shintech is expected to go along.

Contributing factors: Feedstocks are soaring. Ethylene monomer, which hadn’t settled for May at press time, may rise over 5¢/lb.

 

PS INCREASES SOUGHT

PS market prices were expected to rise 4¢ for GP and high-heat grades and 6¢ for HIPS as of June 1. On top of that, Ineos and Total announced a 5¢ increase on all PS grades for June 15, while America’s Styrenics posted a 3¢ hike on GP and 4¢ on HIPS for July 1.

Contributing factors: Demand for PS is still weak. But PS is made from benzene and ethylene. Benzene settled at $4.31 for May, up from $3.87 in April. Ethylene prices are on the upswing, too.

 

LOTS MORE INCREASES

DuPont posted a 20¢/lb increase for all standard nylon resins and even bigger hikes for specialty resins, effective July 1. This comes on top of a 12¢ increase May 1. DuPont also hiked acetals 10¢/lb and polyesters 15¢/lb on July 1.

Ticona announced price increases and a transportation surcharge for June 16: Acetal, PBT, PET, and copolyester TPE are up 10¢. Celstran long-fiber products are up 7¢, and LCPs gained 35¢ to 45¢/lb. GUR UHMW-PE rose 20%.

Solutia hiked nylon 66 10% July 1.

BASF hiked styrenic copolymers 6¢/lb on July 1. This includes ABS, SAN, ASA, MABS, and nylon/ABS alloys. Meanwhile, Styrolux and Styroclean SBCs were up 6¢ on June 16.

Huntsman raised epoxies 8% July 1.

AOC hiked unsaturated polyester and vinyl ester resins by 10¢/lb on June 30 and tacked on a 4¢/lb surcharge for products in steel drums. 

 

Market Prices Effective Mid-June A

 
 
 RESIN GRADEb¢/LB¢/CU INc 

 ABS 

  

  
 
 MED IMPACT   90 - 110     3.4 - 4.2    
 HI IMPACT   95 - 131     3.6 - 5.0    
 X-HI IMPACT   105 - 145     4.0 - 5.5    
 HI HEAT   90 - 125     3.4 - 4.7    
 PIPE   89 - 100     3.7 - 3.8    
 SHEET   94 - 110     3.5 - 4.2    
 TRANSPARENT   129 - 200     5.6 - 8.8    
 FITTINGS   89 - 110     3.5 - 4.3    
 PLATING   160     6.0    
 FLAME RET   124 - 140     4.6 - 5.9    
 STRUCT FM   87 - 97     3.2 - 4.3    
 10% GLASS   129 - 140     4.8 - 5.6    
 30% GLASS   124 - 136     4.6 - 6.3    
 ABS/PC ALLOY   149 - 180     5.5 - 6.8    
 ABS/PVC ALLOY   134 - 139     5.0 - 5.2    
 ABS/NYLON ALLOY   194 - 350     9.0 - 16    

 ACETAL 

  

  
 
 HOMOPOL   151 - 172     7.7 - 8.7    
 20% GLASS   171 - 235     8.7 - 11.9    
 COPOLYMER   144 - 160     7.3 - 8.1    
 25% GLASS   171 - 245     8.7 - 12.4    

 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   69 - 71     2.3 - 2.4    
 FILM EXTRU   67 - 69     2.3    

 EVOH 

330   

15   
 

 FLUORO-POLYMER 

  

  
 
 CTFE   5000 - 6000     385 - 462    
 ECTFE   1200 - 1680     90.7 - 120    
 ETFE   1205 - 1730     80.7 - 115.8    
 FEP   971 - 1470     74.8 - 113.2    
 PFA   1550 - 2520     120 - 195    
 PTFE   500 - 950     33.5 - 63.6    
 PVDF   693 - 1050     44.4 - 67.2    

 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   650 - 750     24.3 - 28    
 30% GLASS   NAd - NAd     NAd - NAd    
 40% GLASS   NAd - NAd     NAd - NAd    
 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   171 - 182     7.4 - 7.9    
 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   150 - 185     7.0 - 7.5    
 STRUCT FOAM   149 - 181     6.4 - 7.8    
 20% GLASS   235 - 255     10.1 - 11.0    
 FR   166 - 197     7.1 - 8.5    
 CD   135 - 195     5.8 - 8.4    

 POLYESTER (TP) PBT TYPE 

  

  
 
 UNFILLED   145 - 150     6.8 - 7.3    
 HI-IMP   165 - 175     7.8 - 8.3    
 30% GLASS, FR   195 - 215     9.2 - 10.1    
 STRUCT FOAM   159 - 165     NAd    

 PET 

  

  
 
 BOTTLE (RAILCAR)   80 - 82 Prices Went Up  
  4.0 - 4.1 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    

 POLYESTER THERMOSET 

  

  
 
 G-P ORTHO   154 - 164 Prices Went Up  
  NAd    
 ISOPHTHALIC   183 - 198 Prices Went Up  
  NAd    
 BIS-A   218 - 238 Prices Went Up  
  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   81 - 83 Prices Went Up  
  2.7 Prices Went Up  
 
 INJECTION   83 - 85 Prices Went Up  
  2.7 - 2.8 Prices Went Up  
 
 LID RESIN   85 - 87 Prices Went Up  
  2.8 Prices Went Up  
 
 LINER   80 - 82 Prices Went Up  
  2.6 - 2.7 Prices Went Up  
 
 CLARITY   79 - 81 Prices Went Up  
  2.6 - 2.7 Prices Went Up  
 
 EXTRU COATG   84 - 86 Prices Went Up  
  2.7 - 2.8 Prices Went Up  
 
 BLOW MOLD   86 - 88 Prices Went Up  
  2.8 Prices Went Up  
 

 LLDPE, BUTENE BASED 

  

  
 
 G-P MOLDING   78 - 80 Prices Went Up  
  2.6 Prices Went Up  
 
 LME 30-DAYj   83 - 85 Prices Went Up  
  2.7 - 2.8 Prices Went Up  
 
 FILM   73 Prices Went Up  
  2.4 Prices Went Up  
 
 ROTOMOLD   80 - 82 Prices Went Up  
  2.6 - 2.7 Prices Went Up  
 

 LLDPE, HAO-BASED 

  

  
 
 G-P MOLDING   81 - 83 Prices Went Up  
  2.7 Prices Went Up  
 
 LID RESIN   91 - 93 Prices Went Up  
  2.9 Prices Went Up  
 
 LINER FILM   84 - 86 Prices Went Up  
  2.7 - 2.8 Prices Went Up  
 

 HDPE 

  

  
 
 G-P INJ MOLD   78 - 79 Prices Went Up  
  2.6 Prices Went Up  
 
 FILM   87 - 89 Prices Went Up  
  2.7 Prices Went Up  
 
 BLOW MOLD   88 - 91 Prices Went Up  
  2.7 - 2.8 Prices Went Up  
 

 HMW-HDPE 

  

  
 
 BLOW MOLDING   85 - 87 Prices Went Up  
  2.7 Prices Went Up  
 
 FILM   86 - 88 Prices Went Up  
  2.7 Prices Went Up  
 
 PIPE   93 - 95 Prices Went Up  
  2.8 Prices Went Up  
 

 UHMW-PE 

1.00 - 1.25   

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   450 - 520     27.0 - 31.2    
 55% GLASS/MINERAL   345 - 420     22.7 - 27.7    
 65% GLASS/MINERAL   270 - 315     18.9 - 22.1    

 POLYPROPYLENE (RAILCAR) 

  

  
 
 G-P HOMOPOL INJECTION   86 - 88 Prices Went Up  
  2.7 Prices Went Up  
 
 LME 30-DAYj   73.9 Prices Went Up  
  2.5 Prices Went Up  
 
 EXTRUSION FIBER   84 - 86 Prices Went Up  
  2.6 - 2.7 Prices Went Up  
 
 PROFILES   89 - 91 Prices Went Up  
  2.7 - 2.8 Prices Went Up  
 
 RANDOM COPOL          
 BLOW MOLDING   90 - 92 Prices Went Up  
  2.8 Prices Went Up  
 
 FILM   90 - 92 Prices Went Up  
  2.8 Prices Went Up  
 
 INJECTION   89 - 91 Prices Went Up  
  2.7 - 2.8 Prices Went Up  
 
 IMPACT COPOL          
 MED IMP   100 - 102 Prices Went Up  
  3.1 Prices Went Up  
 
 HI IMP   102 - 104 Prices Went Up  
  3.1 Prices Went Up  
 

 POLYSTYRENE (RAILCAR) 

  

  
 
 G-P CRYSTAL   95 - 101 Prices Went Up  
  3.6 - 3.8 Prices Went Up  
 
 HI HEAT   98 - 104 Prices Went Up  
  3.7 - 3.9 Prices Went Up  
 
 HIPS   98 - 103 Prices Went Up  
  3.7 - 3.9 Prices Went Up  
 
 SUPER HI IMP   107 - 112 Prices Went Up  
  4.0 - 4.2 Prices Went Up  
 
 FR   113 - 119 Prices Went Up  
  4.2 - 4.5 Prices Went Up  
 
 STRUCT FM (FR)   105 - 108     NA    

 EPS 

  

  
 
 UNMODIFIED   85 - 88     NAd    
 MODIFIED   86 - 90     NAd    

 POLYSULFONE 

650 - 750   

29 - 33   
 
 10% GLASS 430 20.6   799 - 875     36 - 39    
 30% GLASS 372 20.01   699 - 775     31 - 35    

 POLYURETHANE (TP) 

  

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

 PU ISOCYANATES 

  

  
 
 POLYMERIC MDI   125 - 145     NAd    
 80/20 TDI   135 - 145     NAd    

 PVC RESIN (RAILCAR) 

  

  
 
 G-P HOMOPOL   61 - 63 Prices Went Up  
  NAd    
 PIPE   60 Prices Went Up  
  NAd    
 FILM   66 - 70 Prices Went Up  
  NAd    
 COPOLYMER FLOORING   69 - 74     NAd    
 DISPERSION HOMOPOLY   81 - 87     NAd    
 COPOLYMER   86 - 90     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) 

80 - 88   

3.0 - 3.3   
 

 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   300 - 350     10.9 - 12.7    
 POLYESTER   200 - 310     8.8 - 13.6    
 STYRENIC   82 - 237     2.9 - 8.3    

 UREA MOLDING COMPOUND 

  

  
 
 BLACK & BROWN          
 WHITE & IVORY          

 VINYL ESTER 

  

  
 
 COR RES   231 - 248 Prices Went Up  
  NAd    
 HEAT & COR RES   256 - 261 Prices Went Up  
  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..