Resin Pricing

Weekly Resin Report: Buyers Drag Feet, Hoping Price Relief Is in Pipeline

Apr 29, 2021

Many industry participants anticipate a price correction as resin reactors continue to ramp up production, and at least one producer has officially lifted its force majeure on polypropylene. Meanwhile, Nova Chemical declared force majeure on...

Weekly Resin Report: Prime Resin Still Playing Hard to Get

Apr 22, 2021

While most resin reactors are now back up and running, some plants are still spitting out lots of rough off-grade resin, indicating that prime production rates are far from optimal.

Weekly Resin Report: Huge Price Gap between Contract and Spot Resin Markets Grows

Apr 14, 2021

Falling contracts with limited availability coupled with discounted rough wide-spec material has lulled some spot buyers into a false sense of comfort.

EU Plastics Converters Sound Alarm over Resin Shortages and Soaring Prices

Apr 13, 2021

More than 90% of plastics converters polled in Europe said that they are affected by the supply crisis, with many of them reducing production and turning away new customers to honor existing agreements.

Plastic Possibilities: Resin Production Meets the Perfect Storm

Apr 12, 2021

Supply chain expert Ambrose Conroy, founder and CEO of business consultancy Seraph, shares insights on the forces buffeting the plastics resin market today and what we can expect to see in the weeks and months ahead.

Weekly Resin Report: Supply/Demand Equilibrium Remains Work in Progress

Apr 08, 2021

Commodity resin prices were mixed, high-density polyethylene continued to climb while most of the other PE grades stayed steady. Polypropylene prices slid a little by the end of last week.

Weekly Resin Report: Spot Resin Demand Sets Feverish Pace, Despite High Prices

Apr 01, 2021

Larger processors came to tap the spot market to supplement insufficient supplies; others, previously repelled by sticker shock, came back to buy resin, as needed.

Weekly Resin Report: More Than 5 Billion Pounds of Resin Production Lost Because of Storm

Mar 24, 2021

It will take considerable time for resin producers to back-fill orders, restock inventories, lift allocations, and unwind force majeure declarations.

Weekly Resin Report: Production Slowly Ramps Back Up

Mar 18, 2021

We’re not out of the woods by any means, but price relief in the resin markets may be on the way for Q2.

Weekly Resin Report: Soaring Resin Costs Stun Buyers

Mar 10, 2021

As resin availability plummets throughout the supply chain to grossly insufficient levels, processors wrestle with unprecedented price hikes.

Keep You Informed