Feedstocks push resin prices.Despite lackluster lack·lus·ter adj. Lacking brightness, luster, or vitality; dull. See Synonyms at dull. Adj. 1. lackluster - lacking brilliance or vitality; "a dull lackluster life"; "a lusterless performance" domestic demand, relentless increases in feedstock feed·stock n. Raw material required for an industrial process. Noun 1. feedstock - the raw material that is required for some industrial process raw material, staple - material suitable for manufacture or use or finishing costs are forcing suppliers to push for higher resin resin, any of a class of amorphous solids or semisolids. Resins are found in nature and are chiefly of vegetable origin. They are typically light yellow to dark brown in color; tasteless; odorless or faintly aromatic; translucent or transparent; brittle, fracturing prices. PVC PVC: see polyvinyl chloride. PVC in full polyvinyl chloride Synthetic resin, an organic polymer made by treating vinyl chloride monomers with a peroxide. demand is slack 1. (operating system) slack - Internal fragmentation. Space allocated to a disk file but not actually used to store useful information. 2. (jargon) slack enough to put hikes in doubt. PE PRICES UP Polyethylene polyethylene (pŏl'ēĕth`əlēn), widely used plastic. It is a polymer of ethylene, CH2=CH2, having the formula (-CH2-CH2-)n prices rose 3 cents/lb in April, half of the 6 cents increase announced in December December: see month. . The second half was expected to take effect in May, and a new 5 cents hike was announced for June June: see month. 1. The London Metal Exchange London Metal Exchange (LME) A market for trading base metals, where traded options contracts are available against the underlying futures contract. (LME See London Metal Exchange. LME See London Metal Exchange (LME). ) North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. futures contract Futures Contract An exchange traded agreement to buy or sell a particular type and grade of commodity for delivery at an agreed upon place and time in the future. Futures contracts are transferable between parties. for June in blown film butene bu·tene n. Any of several forms of butylene. butene See butylene. Noun 1. butene - any of three isomeric hydrocarbons C4H8; all used in making synthetic rubbers LLDPE LLDPE Linear Low Density Polyethylene was 68.5 cents/lb, up 0.9 cents from May. Contributing factors: Mike Burns
The percentage of total production capacity of a company, industry, or country that is being used. operating rate The portion of capacity at which a business operates. reportedly are still running near 90%, thanks to export demand. "PE exports are still above average, yet lower than the very high levels of last year," said Burns. In addition, March's ethylene ethylene (ĕth`əlēn') or ethene (ĕth`ēn), H2C=CH2, a gaseous unsaturated hydrocarbon. It is the simplest alkene. monomer monomer (mŏn`əmər): see polymer. monomer Molecule of any of a class of mostly organic compounds that can react with other molecules of the same or other compounds to form very large molecules (polymers). contract price had moved up from 58.5 cents to 61.5 cents/lb, and spot ethylene prices also rose a few cents in April. Upwards movement seemed likely to continue, driven by low ethylene supplies. At press time, monomer contract negotiations for April/May involved possible increases from 3cents to over 6 cents/lb. PP PRICES RISING Polypropylene polypropylene (pŏl'ēprō`pəlēn), plastic noted for its light weight, being less dense than water; it is a polymer of propylene. It resists moisture, oils, and solvents. prices moved up 3 cents to 4 cents/lb in April in a partial implementation of an announced 5 cents hike. An additional 5 cents/lb increase for May 1 was revised upward by some suppliers to 7 cents. Meanwhile, LME's June North American short-term Short-term Any investments with a maturity of one year or less. short-term 1. Of or relating to a gain or loss on the value of an asset that has been held less than a specified period of time. futures contract for g-p injection-grade homopolymer ho·mo·pol·y·mer n. A polymer composed of identical monomeric units. sold for 73.94 cents, up more than 5 cents from May. Contributing factors: Rising costs of feedstocks and energy to produce PP are cited by suppliers as justifying higher resin prices. Propylene propylene /pro·pyl·ene/ (pro´pi-len) a gaseous hydrocarbon, CH3CHdbondCH2. propylene glycol a colorless viscous liquid used as a humectant and solvent in pharmaceutical preparations. monomer rose 5.5 cents/lb in March and April, reaching a new record of 65 cents/lb. Negotiations for May contract prices signaled increases of at least 4 cents. Tight monomer supplies are not expected to ease soon. Scott Newell Newell may refer to: In places:
Domestic PP demand was down 6.5% through April vs. last year. Exports dropped 20%, as U.S. resin prices are now too high. Suppliers have cut back North American PP capacity, and LyondellBasell just announced plans to halt PP production at the Equistar plant in Morris, Ill., by the end of the year. Suppliers' resin inventories are pretty well balanced vs. demand. Says RTI's Newell, "They are only making as much as they can sell. This gives them the leverage to pass through price increases as feedstock costs rise." PET COSTS MORE PET prices moved up 5 cents/lb as suppliers implemented their April increase. The move was driven by higher feedstock costs. In April, paraxylene Par`a`xy´lene n. 1. (Chem.) A hydrocarbon ( ethylene glycol Simplest member of the glycol family, also called 1,2-ethanediol (HOCH2CH2OH). It is a colourless, oily liquid with a mild odour and sweet taste. rose 2 cents/lb. Together they translate into at least 2 cents to 3 cents higher cost/lb of PET. Although suppliers project increases in domestic demand of 5% to 6% this year--significantly less than the double-digit dou·ble-dig·it adj. Being between 10 and 99 percent: double-digit inflation. growth of recent years--first-quarter demand was flat. Some improvement is expected by mid-year, peak season for PET. PVC HIKE IN DOUBT PVC prices eventually settled up 2 cents in March and April, an increase deferred from Feb. 1. In May, PVC producers all announced a 4 cents/lb hike for June 1. These increases are based solely on feedstock costs. Demand is still so weak that processors say any increase will have to be delayed. A bump upward in May was attributed to prebuying. PS UP 4 cents TO 60 cents Ineos announced a hike of 4 cents/lb for crystal PS and 6 cents for HIPS as of June 1. It was supported by Total and Americas A·mer·i·cas , the See America. Styrenics, the joint venture between Dow (Direct OverWrite) See magneto-optic disk. and Chevron Phillips Chevron Phillips is a chemical producer jointly owned by Chevron Corporation and ConocoPhillips. The company was formed July 1st, 2000 by merging the chemicals operations of both Chevron Corporation and Phillips Petroleum Company. , which went live May 1. The hikes are based on soaring soaring: see flight; glider. soaring or gliding Sport of flying a glider or sailplane. The craft is towed behind a powered airplane to an altitude of about 2,000 ft (600 m) and then released. benzene benzene (bĕn`zēn, bĕnzēn`), colorless, flammable, toxic liquid with a pleasant aromatic odor. It boils at 80.1°C; and solidifies at 5.5°C;. Benzene is a hydrocarbon, with formula C6H6. costs. Contract benzene hit $3.87/gal in May, up 12 cents from April. Butadiene butadiene (by  t'ədī`ēn), colorless, gaseous hydrocarbon. There are two structural isomers of butadiene; they differ in the location of the two carbon-carbon double bonds in the rubber, which makes
up 8-10% of HIPS, is short and on allocation The apportionment or designation of an item for a specific purpose or to a particular place.In the law of trusts, the allocation of cash dividends earned by a stock that makes up the principal of a trust for a beneficiary usually means that the dividends will be treated as , adding more cost pressure. Meanwhile demand picked up slightly, though not to normal spring levels. By Lilli Manolis Sherman & Jan H. Schut, Senior Editors
MARKET PRICES EFFECTIVE MID-MAY (a)
Resin Grade (b) cents/Lb. cents/Cu. In. (c)
ABS
MED IMPACT 90-110 3.4-4.2
HI IMPACT 95-131 3.6-5.0
X-HI IMPACT 105-145 4.0-5.5
HI HEAT 90-125 3.4-4.7
PIPE 89-100 3.7-3.8
SHEET 94-110 3.5-4.2
TRANSPARENT 129-200 5.6-8.8
FITTINGS 89-110 3.5-4.3
PLATING 160 6.0
FLAME RET 124-140 4.6-5.9
STRUCT FM 87-97 3.2-4.3
10% GLASS 129-140 4.8-5.6
30% GLASS 124-136 4.6-6.3
ABS/PC ALLOY 149-180 5.5-6.8
ABS/PVC
ALLOY 134-139 5.0-5.2
ABS/NYLON
ALLOY 194-350 9.0-16
ACETAL
HOMOPOL 151-172 7.7-8.7
20% GLASS 171-235 8.7-11.9
COPOLYMER 144-160 7.3-8.1
25% GLASS 171-245 8.7-12.4
ACRYLIC
G-P 117 5.0
IMPACT 192 8.2
ACRYLONI-TRILE
CCPOL
EXTRUSION 78-110 3.3-4.7
INJECTION 130-191 5.4-7.9
ALKYD 65-74 4.9-5.5
CELLULOSICS
ACETATE 187 8.6
CAB 189 8.2
CAP 189 8.2
DAP (G-P) 251-497 16.3-34.7
EPOXY
G-P RESIN 116-126 NA (d)
COMPOUNDS
C/B/T (e) 123-166 9.4-12.9
R/C/D (1) 208-271 15.3-20.1
SEMI-CONDUCTOR
NOVOLAC 193-228 13.1-15.9
ANHYDRIDE 188-268 13.9-19.2
EVA
INJECTION 69-71 2.3-2.4
FILM
EXTRUSION 67-69 2.3
EVOH 330 15
FLUOROPOLYMER
CTFE 5000-6000 385-462
ECTFE 1200-1680 90.7-120
ETFE 1155-1680 70.7-102.8
FEP 971-1470 74.8-113.2
PFA 1550-2520 120-195
PTFE 450-900 34.8-69.7
PVDF 660-1000 49.9-75.6
IONOMER
PACKAGING 127-166 4.3-6.0
INDUSTRIAL 150-244 5.0-8.3
LIQUID-CRYSTAL
POLYMERS
INJECTION
MIN FILLED 690-1035 44.2-72.1
GLASS FILLED 695-895 40-52
CARBON
FILLED 1700-2000 83.2-138.6
UNFILLED 1000-1200 58-70
EXTRUSION
UNFILLED 1200-2200 60.5-110.9
MELAMINE
COMPOUND 90-94 5.5-5.6
MELAMINE/PHENOLIC
COMPOUND 75-83 4.5-5.0
NYLON
TYPE 6 139-159 5.7-6.5
MIN FILLED 131-144 5.4-5.9
30%GLASS 148-173 6.0-7.0
TYPE 66 153-168 6.3-6.9
MIN FILLED 151-159 6.2-6.5
30% GLASS 142-192 5.8-7.9
TYPE 69 250-276 9.7-10.7
TYPE 6/10 286-313 12.4-13.6
TYPE 612 400 15.3
30% GLASS 309-311 14.7
40% GLASS 309 14.7
TYPE 46 350 17.6
TYPE 11 329-341 13.6-14.1
30% GLASS 331-350 15.0-15.8
40% GLASS 347-360 17.7-18.5
TYPE 12 318-341 12.1-13.0
30% GLASS 327-350 14.7-15.8
50% GLASS 299-340 15.6-17.8
TRANSPARENT
AMORPHOUS 247-360 10.3-15.0
PHENOLIC MOLD
COMP 75 3.8
REINFORCED
GRADES 105-268 6.1-16
POLYAMIDEMIDE (a)
UNFILLED 2750 148.5
30% GLASS 2500 135
30% CARBON 3500 185
FIBER
POLYARYLATE 200-280 8.8-12.3
POLYARYLSULFONE 440 21.8
POLYBUTYLENE
G-P 94-96 3.1
FILM 88-91 2.9
PIPE
COLD WATER 116-120 3.9-4.0
HOT WATER 162-166 5.5-5.6
POLYCARBONATE
INJECTION 171-182 7.4-7.9
20% GLASS 177-190 7.6-8.2
30% GLASS 178-217 7.6-9.3
EXTRUSION 145-180 6.3-7.8
BLOW MOLD 150-185 7.0-7.5
STRUCT FOAM 149-181 6.4-7.8
20% GLASS 235-255 10.1-11.0
FR 166-197 7.1-8.5
CD 135-195 5.8-8.4
POLYESTER (TP)
PET TYPE
UNFILLED 145-150 6.8-7.3
HI-IMP 165-175 7.8-8.3
30% GLASS, FR 195-215 9.2-10.1
STRUCT FOAM 159-165 NA (d)
PET
BOTTLE
(RAILCAR) 80-82 [up arrow] 4.0-4.1 [up arrow]
MOD PET
30% GLASS 132-143 7.40
55% GLASS 148-155 9.80
30%GLASS,
FLAME RET 147-157 9.20
PETG COPOL 114-124 5.2-5.6
POLYESTER
THERMOSET
G-P ORTHO 147-157 NAd
ISOPHTHALIC 175-190 NAd
BIS-A 210-230 NO
POLYETHER-
KETONE (PEEK) 4400 231
30% GLASS 3300 173
POLYETHERIMIDE 641-646 29.3-29.5
30% GLASS 526-531 24.0-24.2
POLYETHER-KETONE
(PEX) 2950 130.1
30%GLASS 2600 153
POLYESTER-SULFONE 350-400 17.2-19.7
30% GLASS 425-525 21-25.9
POLYETHYLENE
(RAILCAR) LDPE
G-P MOLDING
& EXTRU 78-81 [up arrow] 2.6-2.7 [up arrow]
INJECTION 80-82 [up arrow] 2.6-2.7 [up arrow]
LID RESIN 82-84 [up arrow] 2.7 [up arrow]
LINER 77-79 [up arrow] 2.6 [up arrow]
CLARITY 76-78 [up arrow] 2.5-2.6 [up arrow]
EXTRU COATG 81-83 [up arrow] 2.7 [up arrow]
BLOW MOLD 83-84 [up arrow] 2.7 [up arrow]
LLDPE,
BUTENE-BASED
G-P MOLDING 75-77 [up arrow] 2.5-2.6 [up arrow]
FILM 80-82 [up arrow] 26-2.7 [up arrow]
LME 30-DAY (j) 68.5 [up arrow] 2.3 [up arrow]
ROTOMOLD 77-79 [up arrow] 2.6 [up arrow]
LLDPE,
HAO-BASED
G-PMOLDING 78-80 [up arrow] 2.6 [up arrow]
LID RESIN 38-90 [up arrow] 2.8 [up arrow]
LINER FILM 81-83 [up arrow] 2.7 [up arrow]
HDPE
G-P INJ MOLD 75-77 [up arrow] 2.5-2.6 [up arrow]
FILM 84-86 [up arrow] 2.7 [up arrow]
BLOW MOLD 85-88 [up arrow] 2.7 [up arrow]
HMW-HDPE
BLOW
MOLDING 82-84 [up arrow] 2.6-2.7 [up arrow]
FILM 83-86 [up arrow] 2.7 [up arrow]
PIPE 90-93 [up arrow] 2.9-30 [up arrow]
UHMW-PE 100-125 3.6-3.7
PPE/PPO-BASED
RESIN
INJECTION 180 6.8
20% GLASS (h) 283 12.3
30% GLASS (h) 291 13.3
EXTRUSION (h) 242 9.2
STRUCT FM 231 NAd
PPS
40% GLASS 450-520 27.0-31.2
55% GLASS/
MINERAL 345-420 22.7-27.7
65% GLASS/
MINERAL 270-315 18.9-22.1
POLYPROPYLENE
(RAILCAR)
G-P HOMOPOL
INJECTION 82-84 [up arrow] 2.6-2.7 [up arrow]
LME 30-DAY (j) 73.9 [up arrow] 2.4 [up arrow]
EXTRUSION
FIBER 80-82 [up arrow] 2.6 [up arrow]
PROFILES 85-87 [up arrow] 2.7 [up arrow]
RANDOM
COPOL
BLOW MOLDING 86-88 [up arrow] 2.7 [up arrow]
FILM 96-88 [up arrow] 2.7 [up arrow]
INJECTION 85-87 [up arrow] 2.7 [up arrow]
IMPACT COPOL
MED IMP 96-98 [up arrow] 3.0-3.1 [up arrow]
HI IMP 98-100 [up arrow] 3.1 [up arrow]
POLYSTYRENE
(RAILCAR)
G-P CRYSTAL 91-97 3.4-3.6
HI HEAT 94-100 3.5-3.7
HIPS 92-97 3.4-3.6
SUPER HI IMP 101-106 3.8-4.0
FR 107-113 4.0-4.2
STRUCT FM
(FR) 105-108 NA
EPS
UNMODIFIED 85-88 NA (d)
MODIFIED 86-90 NA (d)
POLYSOLFONE 650-750 29-33
10% GLASS 799-875 36-39
30% GLASS 699-775 31-35
POLYURETHANE (TP)
ESTER TYPE 185-255 8-11
ETHER TYPE 245-295 10.6-13
PU
ISOCYANATESI
POLYMERIC
MDI 125-145 NA (d)
80/20 TDI 135-145 NA (d)
PVC RESIN
(RAILCAR)
G-P HOMOPOL 57-59 [up arrow] NA (d)
PIPE 56 [up arrow] NA (d)
FILM 62-64 [up arrow] NA (d)
COPOLYMER
FLOORING 69-74 NA (d)
DISPERSION
HOMOPOLY 81-87 NA (d)
COPOLYMER 86-90 NA (d)
CPVC PIPE
COMPOUND 119 NA (d)
PVDC
EXTRUDABLE 162 NA (d)
SILICONES
MOLD. COMP. 581-640 381-393
SPECIALTY GR. 891-3148 NA (d)
SILICONE/
EPOXY 339-343 22.5-22.8
STYRENE-ACRYLIC 108-112 3.7-4.0
SAN (G-P) 80-88 3.0-3.3
STYRENE MAFEIC
ANHYDRIDE
G-P 110-115 4.2-4.3
HI IMP 130-140 4.2-4.5
FR 175-183 6.7-7.0
TP ELASTOMERS
OLEFINIC 70-76 2.4
POLYAMIDE 300-350 10.9-127
POLYESTER 200-310 8.8-13.6
STYRENIC 83-237 2.9-8.3
VINYL ESTER
COR RES 223-240 NA (d)
HEAT & COR
RES 248-253 NA (d)
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