PE prices expected to fall further given plummeting energy and feedstock costs. See update here.
With energy and feedstock costs continuing to fall, TPE is projecting further reductions in PE contracts for the month. See update here.
Processors eyeing additional price relief in the new year given cheaper energy and feedstock costs for producers. See update here.
As PE supply continues to remain plentiful, processors position for lower prices going forward. See update here.
PE resin prices continue to languish with producers again pushing out their attempts at an increase. See update here.
Not much new on the PE resin front. Prices appear to have steadied with producers now looking to push prices higher. See update here.
Plastics News article - Braskem Idesa’s new petrochemicals site in Coatzacolacos, Mexico, is 98 percent complete and should be starting production in December. The projects will have annual capacities of more than 2 billion pounds of both PE and ethylene feedstock. The PE capacity will be the first new addition to the North American PE market since the early 2000s. See Plastics News article here.
Plastics News article - That long-expected wave of new polyethylene capacity is getting closer to crashing on North American shores. See Plastic News article here.
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