Polymer Points
Polyethylene prices were unchanged in September — the second straight month of flat prices after climbing 5 cents in July. Supply concerns from Hurricane Beryl had played a role in the July price hike.
PET bottle resin fell by an average of 2 cents per pound in May, becoming the third commodity resin to see a decrease in the month due to lower demand and feedstock costs.
Two major commodity resins saw lower prices in North America in April, while one material saw a slight increase.
Tightening supply and demand figures, along with rising feedstock costs, push most commodity resin prices higher.
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