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New PE hikes get strong support.

New PE Hikes Get Strong Support

A new round of price increases for polyethylene resins was well under way at press time - this time with considerably more industry support than for previous efforts starting last August. Now, increases have spread beyond HMW-HDPE film resins to all HDPE grades, and there are fresh increases in LDPE and LLDPE.

Meanwhile, three of the four major suppliers of ABS/PC alloys officially increased selling prices of their nonautomotive flame-retardant grades. And PS resin prices appear to be firming up, following delayed implementation of the latest round of hikes.

SUPPORT STRONG FOR

HIGHER PE PRICES

This fall's latest round of across-the-board PE price increases is now being strongly supported by most major players. The round began with hikes of 2-4[cents]/lb for HMW-HDPE film resins, effective Oct. 1. These increases, supported by all key suppliers, including Hoechst Celanese, Occidental Chemical, Dow, and Exxon, settled at 2[cents]/lb.

Soon thereafter, suppliers raised prices of all other HDPE resins, following an earlier unsuccessful attempt in August. Almost all major players in the HDPE arena, except Dow and Exxon, issued across-the-board price increases of generally 4[cents]/lb, with an effective date of Nov. 1, including Occidental, Solvay Polymers, Mobil, Chevron, Novacor, Hoechst Celanese, Paxon Polymers, Union Carbide, Quantum Chemical, and Phillips 66.

As the HDPE price initiative was unfolding, still another initiative took shape when Dow announced it would increase prices on all of its PE resins - HDPE, LDPE and LLDPE - by 4[cents]/lb across-the-board, effective Dec. 1.

By press time, PLASTICS TECHNOLOGY had received confirmation from several other major PE players that had taken similar actions on LDPE and LLDPE. These include Mobil, Quantum, Chevron, Union Carbide, Novacor, and Rexene. This is the second time since the summer that LL/LDPE prices have been raised. Increases of 4[cents]/lb across-the-board for these resins were attempted in September and implemented with varying degrees of success.

Suppliers blame PE increases on badly eroded profit margins as well as cost pressure from feedstocks. Ethylene contracts for October were up 2[cents]/lb from September levels, and another 2[cents]/lb increase appeared to be in the works for November.

HIGHER PRICES FOR ABS/PC

Three of the four domestic suppliers of ABS/PC alloys announced higher selling prices for their flame-retardant grades sold primarily to the business-machine and electronics market. The move was initiated by Dow, which called for a 9[cents]/lb increase on its Pulse 1700 series, effective Nov. 10. Monsanto and Mobay soon followed with similar actions: Monsanto's increase applies to the Triax 2500 FR series and Mobay's to its FR Bayblend. General-purpose and automotive ABS/PC products were not affected by these increases.

Missing from this pricing initiative is GE Plastics. A company source says there are no immediate plans to increase prices of FR grades of its Cycoloy PC/ABS, adding that the company's list prices for these products accurately represent their value.

Suppliers raising prices attribute the move to the capital investment needed for more product development. Industry sources, including two at large-volume buyers, indicate that prices have been soft, and that suppliers have been price competitive.

PS PRICES FIRM UP

PS resin prices were said to be somewhat firmer at press time, giving suppliers reason to believe they will be successful in implementing earlier industrywide price increases.

As we reported in November, implementation of PS price increases announced at the end of the summer (3[cents]/lb for general-purpose and HIPS grades and 4[cents]/lb for ignition-resistant grades) was delayed to Oct. 1 due to discrepancies among suppliers' effective dates, which ranged from Sept. 16 to Oct. 1. Even further delay was reported by both buyers and suppliers in cases where contracts and/or price-protection arrangements were involved.

Nearing the end of October and into November, however, suppliers indicated they had been increasingly successful in passing through their increases and said they expect resin tabs to firm up further.

Table : Bulk(*) List & Market Prices Effective Mid-November
 LIST MARKET
RESIN GRADE(b) [cents]/LB [cents]/LB(b) [cents]/CU IN(b)


ABS
 MED IMPACT 128-138 92-94 3.4
 HI IMPACT 135-141 97-103 3.7
 X-HI IMPACT 140-147 105-108 3.9
 HI HEAT 132-155 120-124 4.7
 PIPE 110-115 85-87 3.2
 SHEET 95-105 92-109 3.7
 TRANSPARENT 152-158 112-124 4.3
 FITTINGS 102-107 97-101 3.7
 PLATING 137-139 105-115 4.0
 FLAME RET 138-161 126-134 5.7
 STRUCT FM 120-126 107-110 NA(d)
 10% GLASS 147-160 140-160 6.0-6.1
 30% GLASS 143-156 136-156 6.0-7.2
ABS/PC ALLOY 148-154 145-150 6.0-6.1
ABS/PVC ALLOY 144-161 140-145 6.0-6.1
ABS/NYLON ALLOY 177-199 177-199 7.0-8.0


ACETAL
 HOMOPOL 180-184 123-127 6.1-6.4
 20% GLASS 183-197 142-150 7.9-8.4
 COPOLYMER 180-184 123-127 6.1-6.4
 25% GLASS 190-201 142-150 7.9-8.4


ACRYLIC
 G-P 105 91-93 3.9-4.0
 IMPACT 108-130 108-113 4.6-4.8


ACRYLONITRILE COPOL
 EXTRUSION 119 101-116 4.0-4.6
 INJECTION 158 120-135 4.8-5.4
ALKYD 72-85 65-74 4.9-5.5


CELLULOSICS
 ACETATE 156 156 NA(d)
 CAB 154 154 NA(d)
 CAP 154 154 NA(d)
DAP (G-P) 251-497 251-497 16.26-34.71


EPOXY

G-P RESIN 128-137 116-126 NA(d)

COMPOUNDS
 C/B/T(e) 123-166 123-166 9.4-12.9
 R/C/D(f) 208-271 208-271 15.3-20.1


SEMICONDUCTOR
 NOVOLAC 193-228 193-228 13.1-15.9
 ANHYDRIDE 188-268 188-268 13.9-19.2


EVA
 INJECTION 84-110 60-95 2.4-4.0
 FILM EXTRU 55-95 55-87 2.4-2.7
EVOH 241 241 10.0


FLUOROPOLYMER
 CTFE 3000 3000 237.6
 ECTFE 1100 1100 70.1
 ETFE 1230-1505 1230-1505 79.3-97
 FEP 925-1090 925-1090 70.3-82.8
 PFA 1830-2005 1830-2005 141-154.5
 PTFE 640-720 570-640 45.0-51.0
 PVDF 639-645 639-645 41.4-41.8
IONOMER 97-137 97-137 3.4-4.8


LIQUID-CRYSTAL POLYMERS

INJECTION
 MIN FILLED 690-1035 690-1035 44.2-72.1
 GLASS FILLED 715-1065 715-1065 50.5-100.4
 CARBON FILLED 1700-2000 1700-2000 83.2-138.6


EXTRUSION

UNFILLED 1200-2200 1200-2200 60.5-110.9

MELAMINE MOLD

COMPOUND 95-103 73-78 4.4-4.7

MELAMINE/ PHENOLIC

COMPOUND 78-117 75-83 4.5-5.0

NYLON
 TYPE 6 228-345 129-133 5.9
 MIN FILLED 170-177 122-130 6.3
 30% GLASS 171-244 156-160 7.7
TYPE 66 240-241 136-143 6.5
 MIN FILLED 175-195 123-127 6.3
 30% GLASS 240-244 165-175 9.8
TYPE 69 255-280 250-276 9.7-10.7
TYPE 6/10 332 286-313 12.4-13.6
TYPE 612 341 286-327 11.4-13.2
 30% GLASS 330 309-311 14.7
 40% GLASS 328 309 14.7
TYPE 11 403 329-341 13.6-14.1
 30% GLASS 415 331-350 15.0-15.8
 40% GLASS 415 347-360 17.7-18.5
TYPE 12 392 318-341 12.1-13.0
 30% GLASS 403 327-350 14.7-15.8
 50% GLASS 400 299-340 15.6-17.8


TRANSPARENT

AMORPHOUS 365 247-360 10.3-15.0

PHENOLIC
MOLD COMP 62-100 55.5-87.5 2.8-4.0
 REINFORCED GRADES 115-300 100.5-267.5 6.0-15.9


POLYAMIDEIMIDE
 MODIFIED 1750 1750 95
 UNMODIFIED 1900 1900 97
POLYARYLATE 225-280 200-280 8.8-12.3
POLYARYLSULFONE 440 440 21.8


POLYBUTYLENE
 G-P 94-96 94-96 3.1
 FILM 88-91 88-91 2.9


PIPE
 COLD WATER 116-120 116-120 3.9-4.0
 HOT WATER 162-166 162-166 5.5-5.6


POLYCARBONATE
 INJECTION 184-195 148-163 6.7
 20% GLASS 240-263 178-190 8.9
 30% GLASS 219-247 188-217 10.4
 EXTRUSION 184-201 145-155 6.9-7.1
 BLOW MOLD 184-201 150-157 6.7
 STRUCT FOAM 155-281 159-181 NA(d)
 20% GLASS 221-237 245-255 NA(d)
 FR 193-252 176-197 8.2
 CD 200-250 195-245 9.8


POLYESTER (TP)

PBT TYPE
 UNFILLED 164-175 143-150 6.9
 HHMP 195-205 154-165 7.6
 30% GLASS, FR 170-190 165-187 10.0
 STRUCT FOAM 165-170 159-165 NA(d)


PET

BOTTLE (RAILCAR) 68-70 62-65 3.2

MOD PET
 30% GLASS 176 133-143 7.4
 55% GLASS 200 148-155 9.8


30% GLASS,
 FLAME RET 230 147-157 9.2
 PETG COPOL 98 98 4.5


POLYESTER THERMOSET
 G-P ORTHO 65-76 52-57 NA(d)
 ISOPHTHALIC 70-78 55-60 NA(d)
 BIS-A 115-145 115-145 NA(d)
PEEK 2300 2300 109.3
 30% GLASS 2000 2050 110.0
POLYETHERIMIDE 465 465 21.5
 30% GLASS 380 380 19.8


POLYETHERKETONE
(PEK) 2950 2950 130.1
 30% GLASS 2600 2600 153
POLYETHERSULFONE 440 440 22.0
 30% GLASS 365 365 21.0


POLYETHYLENE (RAILCAR) LDPE

G-P MOLDING
 & EXTRU 55-60 32-34 1.1
 INJECTION 55-60 32-34 1.1
 LID RESIN 55-60 32-34 1.1
 LINER 55-60 29-30 1.0
 CLARITY 55-60 31-34 1.0
 EXTRU COATG 55-60 35-37 1.2
 BLOW MOLD 67-80 36-39 1.5


ROTOMOLD,
 PELLET 70-80 38-43 1.3
 POWDER 70-80 40-44 1.4


LLDPE,

BUTENE-BASED
 G-P MOLDING 55-60 29-31 1.0
 FILM 55-60 29-30 1.0
 BLOW MOLD 70-75 37-39 1.5
 ROTOMOLD 70-75 39-43 1.2


LLDPE,

HAO-BASED
 G-P MOLDING 63-67 32-34 1.1
 LID RESIN 63-67 31-33 1.0
 FILM 63-67 32-34 1.0


MMW-HDPE
 G-P INJ MOLD 60-63 31-33 1.1
 FILM 60-63 35-37 1.2
 BLOW MOLD 60-63 34-36 1.3


HMW-HDPE
 BLOW MOLDING 60-63 35-37 1.2
 FILM 60-63 32-34 1.1
 PIPE 63-67 44-48 1.6
 UHMW-PE 110-125 95-120 3.6-3.7


PPE/PPO-BASED RESIN
 INJECTION 140-220 116-139 4.9-5.6
 20% GLASS 214-226 170-207 7.4-9.0
 30% GLASS 200-220 214-274 10.5-10.9
 EXTRUSION 170-240 150-181 5.8-7.0
 STRUCT FM 164-175 125-137 NA(d)


PPS

40% GLASS 313-330 295-313 15.5-18.3

20% GLASS/

35% FILLER 157 150-159 11.1-12.3

35% GLASS/

35% FILLER 197 147-149 10.1-11.5

POLYPROPYLENE (RAILCAR)

G-P HOMOPOL
 INJECTION 55-60 34-35 1.1
 EXTRUSION 55-60 34-37 1.2


RANDOM COPOL
 BLOW MOLDING 60-65 41-43 1.4
 FILM 60-65 42-45 1.4
 INJECTION 60-65 41-43 1.4


IMPACT COPOL
 AUTOMOTIVE 58-70 47-49 1.6
 MED IMP 58-70 47-49 1.6
 HI IMP 70-84 51-53 1.7
 SUPER HI IMP 70-84 56-59 1.9


FILLED (TL)
 30% GLASS 95-100 90-95 2.1-3.1
 40% GLASS 90-95 90-95 3.0-31
 40% MINERAL 71-85 65-71 2.0


POLYSTYRENE (RAILCAR)
 G-P CRYSTAL 60-66 40-41 1.4
 HI HEAT 63-66 41-43 1.5
 HIPS 66-68 42-43 1.6
 HI HEAT 66-68 43-45 1.6
 FR 91-95 72-75 3.0
 STRUCT FM 100-105 64-67 NA(d)


EPS
 UNMODIFIED 79 51-52 NA(d)
 MODIFIED 81 53-54 NA(d)
POLYSULFONE 392 392 17.5
 10% GLASS 383 383 18.4
 30% GLASS 331 331 17.8


POLYURETHANE (TP)
 ESTER TYPE 168-215 168-215 7.5-9.3
 ETHER TYPE 283-304 231-243 10.0-10.5


PU ISOCYANATES
 POLYMERIC MDI 105-110 90-96 NA(d)
 80/20 TDI 94-100 94-100 NA(d)


PVC RESIN (RAILCAR)
 G-P HOMOPOL 37-38 28-31 NA(d)
 PIPE 36-37 25-26 NA(d)
 FILM 39-40 31-32 NA(d)


COPOLYMER

FLOORING 57 45-48 NA(d)

DISPERSION

HOMOPOLY 74 58-68 NA(d)

CPVC PIPE

COMPOUND 137 118 NA(d)

PVDC

EXTRUDABLE 145 111-120 6.8-7.3

SILICONES
 MOLD. COMP. 581-640 581-640 38.1-39.3
 SPECIALTY GR. 891-3148 891-3148 NA(d)
 SILICONE/EPOXY 339-343 339-343 22.5-22.8
STYRENEACRYLIC 112-118 108-112 3.7-4.0
SAN (G-P) 97 83-87 3.2-3.3


STYRENE MALEIC ANHYDRIDE
 G-P 115-120 110-115 4.2-4.3
 HI IMP 149-179 130-140 4.2-4.5
 FR 185-189 175-183 6.7-7.0


TP ELASTOMERS
 OLEFINIC 125-150 98-135 3.6-5.0
 POLYAMIDE 287-337 287-337 10.4-12.3
 POLYESTER 245-310 200-310 8.8-13.6
 STYRENIC 63-350 83-237 2.9-8.3


UREA MOLDING COMPOUND
 BLACK & BROWN 67-78 67-78 3.6-4.1
 WHITE & IVORY 72 72 3.8


VINYL ESTER
 COR RES 144 144 NA(d)
 HEAT & COR RES 158 158 NA(d)


KEY Colored areas indicate pricing activity. An arrow [arrow up] indicates direction of price change. (*)Truckload, unless otherwise specified. (a) Unfilled, natural color, unless otherwise specified. (b) Based on sampling of processors. (c) Based on typical or average density. (d) Not applicable. (e) For coils, bushings, transformers; novolac and anhydride grades. (f) For resistors, capacitors, diodes; novolac and anhydride grades.
COPYRIGHT 1991 Gardner Publications, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Pricing Update; polyethylene
Publication:Plastics Technology
Date:Dec 1, 1991
Words:1970
Previous Article:Good third quarter breeds optimism.
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