A summer heat wave has melted North American prices for polyethylene, polypropylene and PET bottle resin.
Since July 1, average selling prices for high, low and linear low density PE in the region are down 3 cents per pound, according to buyers and market watchers contacted recently by Plastics News.
Average PP prices have fallen 4 cents per pound in that same time frame, while average prices for PET are down 2 cents, sources said. These changes are reflected on this week’s PN resin pricing chart.
via Plastics News – Prices fall for polyethyene, polypropylene and PET resins.