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
The benefits of avoiding extraction and primary processing are usually significant, even when collection, transport and reprocessing of recycled material is taken into account. An increasing range of recycled products are coming onto the market, such as glass, steel, aluminium,
NEGOTIATOR’S TAKE: If you buy Natural Gas, plastics, or industrial chemicals, this analysis of the future direction of gas prices is an important read. 06.10.16 – Weekly natural gas suppliers Market intelligence company PointLogic reported that natural gas
NEGOTIATOR’S TAKE: Lubricants, plastics and transportation are all candidates for price reduction. Toward prices not seen since the last financial crisis As U.S. oil fell to a six-year low below $41 a barrel on Wednesday, an increasing number
NEGOTIATOR’S TAKE: Not all plastic feedstocks are up – good information for pushing back against increases for Polyethylene and PVC based products and components An upwards price surge for PS and PP may continue this month, although the driving factors are
NEGOTIATOR’S TAKE: North American producers have a huge cost advantage for plastic products made from Ethylene. You might want to re-think sourcing from China. Now that the US has surpassed Saudi Arabia as the top crude oil and natural gas producer,
Ethylene prices continue to be high in the spot ethylene market because of three ongoing cracker shutdowns and one scheduled shutdown at the end of October. At the beginning of this week, front-month Williams System ethylene traded at 74 cents/lb
Even if you doubt the bit about China, the notion that the US will comfortably beat out Europe and Japan makes sense. It has a more flexible labor market, and cheaper energy and plastics thanks to the oil fracking boom.