Changes are heating up the resin market as PET bottle resin prices cool off in a surprising summer dip. Frank Esposito gives the latest resin price change, which follows feedstocks like paraxylene and PTA. The drought in Mexico has now caused several plants in the Altamira area to halt production and issue force majeure on some resins. What could it mean for U.S. resin supply?
Material Insights: Surprising summer resin change; Mexico drought impact
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