Growth rate will flatten compared with the robust results of 2021, according to some analysts. Others predict, however, that positive Q4 momentum will carry over into a solid start for 2022.
Further price erosion is expected this month, following three quarters of producer increases and record high prices.
There is some optimism that material production will increase, but converters and equipment makers are struggling to deliver product because of a shortage of workers.
The overwhelming sentiment is that prices have further room to decline, at least through the end of the year, according to the...
Growing upstream resin supply and spot availability point to further pricing softness ahead.
All PE and PP commodity grades peeled off another couple of pennies, resulting in $0.02/lb producer losses for the week.
While overall availability for both key groups of PE and PP resins continued to grow last week, some grades were still challenging to source for prompt shipment.
The North American PET market can’t catch a break, while high demand from brand owners makes rPET hard to find.
Further price erosion at the start of the month brought all commodity PE grades below a dollar for the first time since February 2021.