In the latest Polymer Points Live discussion, resin pricing trends for March and projections for April were reviewed, with a focus on the impact of tariffs, economic conditions, and global oil production. Recording below.
Polypropylene prices dropped by 4 cents in March, reversing previous gains, while polystyrene rose by 2 cents despite stable benzene costs. PVC increased due to construction demand, though housing starts declined. Polyethylene and PET remained flat.
Looking ahead, senior reporter Frank Esposito predicted slight increases for PVC and PET. He called PP is a “wild card” that could be up in April, but that will depend on the economy, tariffs and feedstock costs.
We also explored the economic implications of tariffs, including potential recession risks, export challenges and disruptions to production planning.
The next Polymer Points Live is scheduled for Tuesday, May 20.