resin pricing
Soft Prices for Volume Resins
While PP and PE prices may be bottoming out, a downward trajectory was likely for all other volume resins, including engineering types.
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Commodity Resin Prices Flat to Lower
Major price correction looms for PP, and lower prices are projected for PE, PS, PVC and PET.
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PP Prices May Plunge, Others Are Mostly Flat
PP prices appear on the verge a major downward trajectory, with some potential of a modest downward path for others.
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Prices of Volume Resins Generally Flat or Lower
Exceptions in early March were PP and PS, which moved up solely due to feedstock constraints, along with slight upward movement in PVC and PET.
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First Quarter Looks Mostly Flat for Resin Prices
Temporary upward blips don't indicate any sustained movement in the near term.
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Suppliers Look for a Bottom in Resin Prices
Prices for first quarter could be flat for most commodity resins, with slight movement possible in the case of PET.
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Prices of Volume Resins Drop--Except for PE
The downward trajectory appears to be continuing into the first quarter for most resin prices, though PE and possibly PP may remain somewhat stable.
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Prices Flat for PE; Down for PP, PS, PVC; Up for PET
Prices for both polyolefins and PS seemed to be bottoming out as production rates were lowered.
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Resin Prices Still Dropping
This downward trajectory is expected to continue, primarily due to slowed demand, lower feedstock costs and adequate-to-ample supplies.
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Prices of Volume Resins Drop
Price relief is expected to continue through the fourth quarter for nine major commodity and engineering resins, driven by widespread supply/demand imbalances.
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