Resin Prices
North American markets for polyethylene, polypropylene and PET bottle resins came racing out of the gate in January, with all three posting price hikes.
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.
Some North American commodity resin prices are showing increases in January.
Recycled PET prices rise on higher costs.
Higher import costs, together with unsatisfactory producers’ margins, shifted pricing expectations toward a firmer market outlook in January. However, expectations failed to materialize by mid-January.
Prices for recycled resins in Europe continued on a slightly downward trend over the last two months of 2024, influenced by very low demand, higher stocks and the lower cost of bottle scrap.
In November, the price picture was dominated by rollovers or even small price reductions, despite an increase in the cost of feedstock.
North American resin markets had some of their traditional ups and downs in 2024, but global political and economic factors could make prices volatile in 2025.