Resin Pricing

Mexico and Canada remain the US plastics industry’s largest export markets. Although the US plastics industry had a $13.7 billion deficit with China, resin exports recorded a $2.5 billion trade surplus.

Demand was tepid last week: Buyers in need of material have reduced their volumes in hopes that prices will continue to slide as the end of the year approaches.

The pandemic has accelerated the shift toward ecommerce purchases. Is your package up to the challenge?

Slack demand and signs of improving supplies sent spot PE prices back a cent, marking the first weekly decrease since the end of April.

Widespread damage and ongoing Louisiana power outages in the wake of Hurricane Laura kept some polyethylene and polypropylene producing plants from restarting. The production shortfall has become more evident and the supply/demand imbalance more...

Prices for both PE and PP resins were already on the rise before Hurricane Laura and then jumped in chunks over the past several weeks. Meanwhile, more storms are forming in the Atlantic, with at least one targeting the Gulf Coast.

Force majeure declarations in the wake of Hurricane Laura and a compromised regional rail system limit resin supplies and send prices higher.