AKRON, OHIO (June 28, 2:50 p.m. ET) — Since June 1, average prices for all grades of polyethylene in the region have fallen 7 cents per pound, while average polypropylene prices have plummeted 15 cents per pound. In that same time frame, average prices for suspension PVC and PET bottle resin each are down 5 cents per pound, according to buyers and market sources contacted by Plastics News.
This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.Learn more
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U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.
Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.
Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.