Activity in the spot resin markets slowed down the final week of August, though there were some good spurts that helped solidify a strong month in terms of trading and volume, reports the PlasticsExchange (Chicago) in its Market Update.
According to the British Plastics Federation, 69% of all plastics-related British trade is completed within the European Union (EU). Failure to secure a trade deal with the EU would see a dramatic increase to both the cost of imports and exports.
The overall polyethylene (PE) market could continue to move lower, as material slated for China seeks to find new homes because of the 25% Chinese tariffs and upstream inventories swell further, according to the PlasticsExchange (Chicago).
Braid- and coil-reinforced delivery systems will be developed and manufactured at the Adam Spence facility in Wall, NJ, and Biocoat will apply and test its Hydak topcoat at the nearby Horsham, PA, plant.