Resin Pricing

Ascend declares force majeure on nylon 66

Some traders began lowering asking prices trying to thin out inventories in preparation for retaliatory tariffs taking hold—material that would normally be exported to China would suddenly become 25% more expensive, thus crushing demand.

July 13, 2018

Weekly resin report: No fireworks in spot resin trading during Fourth of July week

The declaration comes on the heels of a fire at Ascend's Pensacola, FL, plant.

July 10, 2018

Weekly resin report: June ends with a bang, as trading remains lively

Polyethylene producers once again are trying to enforce their now-aged $0.03/lb price increase; polypropylene prices softened.

July 03, 2018

Weekly resin report: Spot polyethylene prices drop by as much as $0.02/lb

June was, by far, the most active month of the quarter and transactions were voluminous enough to contribute to robust results for the first half of 2018.

June 26, 2018

Weekly resin report: Polypropylene prices may have peaked

Polyethylene supply has improved with better availability seen for previously snug resins, such as low-density and high-molecular-weight PE for film.

June 19, 2018

Weekly resin report: Polypropylene market sees one of its best weeks of the year

Resellers continued to offer material at elevated prices, but many processors took a moment to let the new higher price level sink in. By the end of the week, importers with uncommitted resin on the water became nervous and eased asking prices, reports the PlasticsExchange (Chicago).

June 11, 2018

Weekly resin report: Polypropylene contract prices soar

Polypropylene supply remained tight, demand was stronger, transactions were plentiful and prices climbed, according to the PlasticsExchange (Chicago).

June 04, 2018

Weekly resin report: Polyethylene producers fail to implement $0.03/lb increase on May contracts

Another sizable price increase is projected for June by the PlasticsExchange (Chicago).

May 30, 2018