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If oil is so cheap, why do my plastic parts stay the same price?
Injection MoldingIf oil is so cheap, why do my plastic parts stay the same price?If oil is so cheap, why do my plastic parts stay the same price?
With the price of oil hovering around $30 a barrel, many manufacturers who buy plastic components are wondering why their processor hasn't lowered the part price accordingly.I guess we're used to looking at the price at the gas pump: When the price of oil goes up or down, so does the price at the pump. There is a close correspondence between the two. For plastic materials, things aren't exactly like that. The price of oil does not have a direct correlation with the price of a plastic part.
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