Many resin prices hit bottom in April and May due to a combination of evaporating demand and steep price drops for oil in North America. June and July have brought rebounds even though demand has not fully recovered, primarily because of increases in natural gas and oil prices, as well as growing demand for exports…
Pricing for most resins appears to have bottomed out in April. A variety of factors are driving commodity resin prices up in North America, including improving demand and rising feedstock costs, as well as idled production for PE. There are still opportunities for plastics manufacturers to lock in historically low resin pricing, but it’s not…
North American resin prices continue to be extremely dynamic, offering manufacturers of plastics products a unique opportunity to lock in long-term agreements with favorable pricing. Demand for resins will begin to rebound as key industries scale back up, and historically low oil prices are already beginning to trend upwards. Most North American resins saw price…
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Plastics manufacturers are being hit by the simultaneous forces of supply interruptions, vastly changing demand, and volatile petroleum prices. So far, commodity polymer prices have slid slightly, but there are numerous opportunities to negotiate larger price reductions from resins suppliers if you know where to look. The key factors that determine if the specific resins…