Polypropylene resin prices have been in the global spotlight for a couple of months, and Plastics News deserves much of the credit. Have you been watching? In early January senior reporter Frank Esposito reported that PP prices had gone up 3 cents per pound, and were poised for another double-digit jump. He followed up a week later with news of a 17-cent-per-pound increase. The story noted that some manufacturers were considering moving out of PP to alternative materials. On Feb. 14, The Economist took note, with an item (attributed to PN) on how fast-food chains were switching from PP to paper cups. Now Russia's Pravda is joining the party, with an online story, "Plastic bottle to push food prices even higher." Pravda cites The Economist as its source ... sadly, Plastics News fails to get any credit. Such is the nature of journalism on the web these days. But we still get a kick out of how far and wide this story has spread.
PP pricing headlines, from Plastics News to Pravda
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