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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,

Propylene Prices Roller-Coaster Ride

Sky high and extremely volatile propylene prices are causing fits for buyers of many intermediate chemicals, coatings, and basic plastics such as polypropylene, nylon, ABS and polyurethane. The forecast is for more volatility for the next two years and then

North American PP prices up 15 cents in January

A major price hike has hit the North American polypropylene market, sending prices up an average of 15 cents per pound since Jan. 1. The January move is the eighth double-digit price swing to hit the North American PP market

Glut of raw materials for plastics and synthetic rubber lowering prices
Global petrochemical prices in freefall

Global petrochemical prices fell by 11% in May, their biggest month-on-month drop since November 2008, when the worldwide economic crisis became an accepted and painful reality. Prices in the $3-trillion-plus global petrochemicals market averaged $1279/tonne in May, plummeting by $165/tonne

Ethylene hits seven-month low in U.S. during May

U.S. prices for the chemical building block ethylene reached a seven-month low in May, dropping below 50 cents per pound, according to PetroChem Wire, a daily newsletter serving the petrochemical industry. Reduced ethylene production due to plant maintenance closures supported

Ethylene Prices Reach Seven-Year High in April
Plastics News – PET resin prices still soaring; PVC hikes smaller but ambitious

PET prices shot up an average of 8 cents per pound in February and another 5 cents per pound in March for a two-month leap of 13 cents per pound. Producers had been seeking a total of 16 cents for

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

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

Prices up for PP, down for PS

North American polypropylene prices appear to have bottomed out and are heading up again, while polystyrene prices in the region fell again in July and could see more of a downslide. via Plastics News – Prices up for PP, down