In October, North American polypropylene resin prices experienced a significant drop of 6 cents per pound. Prices had been down 4 cents in September.
Experts say both declines were the result of decreasing feedstock prices and a reduction in domestic demand for PP resin.
Also, PN’s Rhoda Miel talked to Michelle Boven, vice president and general manager for consumer and packaging at resin distributor Nexeo Plastics, at the Women Breaking the Mold Networking Forum in Nashville.
Boven shared advice people new in their careers or at a turning point in their careers.
For more in-depth analysis of what’s happening to PP and other resin prices, tune in Nov. 20 for Polymer Points Live with PN senior reporter Frank Esposito.