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Prices of four of the five large-volume commodity resins are on an upward trajectory
First quarter saw further price erosion, even for high-volume engineering resins, but PP was the exception.
Lower feedstock costs, slowed demand in early first quarter are likely to keep most prices stable.
Global factors like plunging oil prices and larger resin price decreases overseas impact domestic polyolefin prices.
Mostly quiet forecast for the end of the year.
Downward trajectory resumes for all four commodity resins.
With continued declines in feedstock and energy costs through much of the first quarter, commodity and engineering resin prices fell too.
Not a surprise: The volatility of PE and PP prices is on a roll.
Led by lower global feedstock and resin prices, commodity resin prices continue to decline.
Further major decline in PP prices possible for first month of 2015.
More decreases in PE prices very likely for first quarter 2015.
A second PE supplier has offered a PE contract price reduction, while spot prices tumble as available supply swells.
Falling global feedstock costs and demand destruction concerns are forcing prices downward.
One major PE player is offering the first reduction on PE contract prices in two years. Will others see fit to do the same?
It now appears feasible that PE prices will remain flat for a while with perhaps some potential for decline.
Upward pressure on prices comes from production disruptions and higher feedstock costs.
Prices of PP, PS drop as PE, PVC are flat or softening. Ditto for ABS, PC, and nylon 6 and 66.
Good news for buyers of PE, PP, PS, and PVC..
The second quarter started with higher prices for PE, PS, PVC, and ABS, but PP was down a bit.
Plentiful shale gas promises to keep domestic polyolefin production costs among the lowest in the world. Whether (and when) you will see savings is debatable.