The end of the summer construction season and a slowdown in export sales dashed North American PVC resin suppliers' hopes for a 2 cent-per-pound price increase in August, and pushed prices downward slightly in the past few weeks. PVC suppliers said last week their prices were off 3 cents a pound from what they sought in the first weeks of September.
PVC suppliers said last week they hit seasonal sluggishness earlier this year than they were expecting.
Meanwhile, high density polyethylene buyers said they also have seen slightly lower prices than reported. The Plastics News resin pricing chart this week indicates the adjusted prices. HDPE producers said they put three 5 cent-per-pound price increases into effect since April, for a total increase of 15 cents per pound.
However, HDPE resin buyers who use resin for blow molding and film applications said last week their prices increased twice in increments of 3 cents, and once at 4 cents for a total increase of 10 cents per pound.
Other HDPE resin buyers, who use resin for low-value injection applications, confirmed that they have seen 15 cent hikes this year.