resin pricing
Prices of Volume Resins Drop--Except for PE
The downward trajectory appears to be continuing into the first quarter for most resin prices, though PE and possibly PP may remain somewhat stable.
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Prices Flat for PE; Down for PP, PS, PVC; Up for PET
Prices for both polyolefins and PS seemed to be bottoming out as production rates were lowered.
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Resin Prices Still Dropping
This downward trajectory is expected to continue, primarily due to slowed demand, lower feedstock costs and adequate-to-ample supplies.
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Prices of Volume Resins Drop
Price relief is expected to continue through the fourth quarter for nine major commodity and engineering resins, driven by widespread supply/demand imbalances.
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Prices of All Five Commodity Resins Drop
Factors include slowed demand, more than ample supplier inventories, and lower feedstock costs.
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Still an Up-and-Down Picture for Commodity Resin Prices
Supply/demand imbalances or sharply rising feedstock costs account for the mixed pricing trajectory for the five biggest-volume resins.
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Volume Resin Prices Move in Different Directions
PE, PP, PVC, and ABS prices slump, while PS, PET, PC, and nylons 6 and 66 prices rise.
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Mixed Pricing Outlook for Commodity Resins for Spring 2022
Prices of PE, PS may have peaked; they were slightly down for PP and PET, up for PVC.
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Price Hikes Could Moderate in 2Q
Except for polyolefins, a prices of volume resins could hit a breather in the second quarter.
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Prices Rising for Most Volume Resins
With the possible exception of PVC, high energy and feedstock costs exacerbated by Russia’s war on Ukraine were leading resin prices higher.
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