Plastics News – Some fear exodus from polypropylene, as price rises 17 cents per pound

Plastics Jan 21, 2011 1 Comment

The 17-cent-per-pound price increase set for Jan. 1 has taken hold in the North American polypropylene market.

Regional PP makers have cited tightness in supplies of propylene monomer feedstock as a reason for the massive increase. PP prices in the region now are up an average of 23 cents per pound since June 1 — including a 2-cent price dip recorded in late 2010 — according to the Plastics News resin pricing chart.

via Plastics News – Some fear exodus from polypropylene, as price rises 17 cents per pound.

Rod Sherkin

Rod is a former senior executive, responsible for Purchasing, for both Pillsbury and Ball Packaging back in the 80’s and 90’s. Since then, he has continued to work in the Purchasing field as both a consultant and founder of the website Propurchaser.com.