by Jeanine Vecchio | Apr 27, 2022 | Resin Increase/Decrease
Processor demand, limited resin supplies, and elevated feedstock costs conspired to push spot Prime polyethylene and polypropylene prices higher. Spot Prime polyethylene (PE) and polypropylene (PP) prices rose another penny the week of April 18 under the influence of...
by Jeanine Vecchio | Feb 22, 2022 | Resin Increase/Decrease, Supply Chain
Dr. Al Bates has released this quarter’s Profit Improvement Report. Over time supplier prices follow a one-way street; they increase. Whether the price increases are small or large, they represent a major profit opportunity for distributors. Unfortunately, that...
by Jeanine Vecchio | Jan 26, 2022 | Resin Increase/Decrease
Assessing the risks of higher energy prices Rising energy prices not only push materials prices higher, but also they push up the cost of running our factories. Resin prices do not follow every wrinkle in the oil market. But, over time, the correlation is quite...
by Jeanine Vecchio | Jan 6, 2022 | Resin Increase/Decrease
Image: Olivier Le Moal/Adobe Stock Make no mistake: 2022 will be an eventful year, as almost four million tons of new resin capacity come online in the United States while market dynamics and legislative action incentivize recycling. Geoff Giordano | Dec 29, 2021 More...
by Jeanine Vecchio | Oct 28, 2021 | Resin Increase/Decrease
After more than a year of increases, prices for polyethylene and polypropylene resins are expected to trend downward. Market analysts Nick Vafiadis and Joel Morales of IHS Markit gave their outlooks for PE and PP markets Oct. 27 as part of the online Global Plastics...
by Jeanine Vecchio | Oct 4, 2021 | Resin Increase/Decrease
Washington — The debate in Washington over a potential tax on virgin resin is heating up as industry, environmental groups and congressional Democrats have stepped up campaigns around what would be the first federal fee on single-use plastics. An industry coalition of...
