Forecast
North American buyers of polyethylene (PE) and polypropylene (PP) resins will encounter market challenges in 2025, according to analysts at Resin Technology Inc.
In January, prices for several commodity resins, including polyethylene, polypropylene and PET, increased in North America despite weak demand. According to senior reporter Frank Esposito, market demand didn't support the increase and resin producers could be positioning for further price increases in the coming months.
The plastics industry is sounding the alarm on the impact of tariffs on supply chains and markets. In the January Polymer Points Live, PN senior reporter Frank Esposito talked about tariffs and resin pricing.
Esteban Sagel says resin price indexes "can be perplexing even for seasoned industry professionals."
In a July 23 letter to customers, officials with Ineos in Houston said the plant suffered an equipment failure and mechanical breakdown on July 20.
A polystyrene resin plant operated by Americas Styrenics in Joliet, Ill., will be out of production for several weeks after a tornado knocked out power in the area.
Polypropylene prices rose in June after two months of drops. Senior reporter Frank Esposito says the change in direction is from fluctuating polymer-grade propylene feedstock prices. Prices for other commodity resins could also be in flux as the Gulf Coast region recovers from Hurricane Beryl and companies consider whether they should stockpile materials for the rest of the hurricane season.
Tropical Storm Alberto is bringing some much needed rain to parts of Mexico affected by drought, including Altamira, where large amounts of plastics materials production is based.
Celanese Corp. has placed force majeure sales limits on plastics feedstocks acetic acid and vinyl acetate monomer (VAM),
1 | |
2 | |
3 | |
4 | |
5 |