Low demand caused prices for polypropylene and PET bottle resin to drop in June. Senior reporter Frank Esposito drops by Material Insights to highlight the factors at play in the pricing move. He notes that operating rates of PP resin production are at low levels and demand for imported PET is also falling.
Material Insights: Summer slides for two resins
Want more resin?
Join us on July 18 at 2pm (edt) for the Polymer Points Livestream.
Frank Esposito will explain what's behind some unusual mid-year nonmarket corrections, and cover the latest trends in North American pricing.
Do you have an opinion about this story? Do you have some thoughts you'd like to share with our readers? Plastics News would love to hear from you. Email your letter to Editor at [email protected]