Resin Pricing
Prices for recycled high density polyethylene pellets have declined the past couple months in North America.
PET bottle resin prices slid in October, landing in negative territory for the year, while two other resins took a climb during the month.
North American polypropylene resin prices increased in October for the second consecutive month, keeping pace with higher prices for polymer-grade propylene (PGP) feedstock.
A major hike in benzene feedstock prices has sent North American prices for polystyrene resin up since Oct. 1.
Post-industrial polypropylene resin pellets started to increase in price throughout North America over the last month.
North American prices for polyethylene and polypropylene resins both saw somewhat surprising increases in September.
In September, standard thermoplastics resin prices in Europe registered strong price gains driven by higher upstream costs.
Continued upward pressure on benzene feedstock sent North American polystyrene resin prices up for the second consecutive month.
August had a little bit of everything on the resin pricing front, with polyethylene, PET, PVC and polystyrene prices all showing surprising increases, but polypropylene and others showing drops.
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