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PE prices climb, PET tabs tumble.


Strong demand and tight supply have motivated mo·ti·vate  
tr.v. mo·ti·vat·ed, mo·ti·vat·ing, mo·ti·vates
To provide with an incentive; move to action; impel.



mo
 suppliers to implement a new round of price increases for polyethylene polyethylene (pŏl'ēĕth`əlēn), widely used plastic. It is a polymer of ethylene, CH2=CH2, having the formula (-CH2-CH2-)n  resins resins,
n.pl complex, insoluble, sticky substances secreted by plants. Used as astringents, antimicrobials, and antiinflammatories, and are burned as incense. Can cause oral ulcers and epidermal irritations.
 this month.

Meanwhile, PET bottle-grade 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 have dropped sharply since January January: see month. , and further decreases could take place before the end of the year.

In other news, processors paid more for PP this summer and could be paying more this fall, suppliers warn.

PE PRICE HIKES UNDER WAY

A new round of PE price hikes has emerged as a result of continued strong domestic and export demand, tight resin and 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
 supplies, and higher 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).
 prices.

By press time, the following increases had been announced:

Across-the-board price increases of 5[cents]/lb for LDPE LDPE
abbr.
low-density polyethylene
, LLDPE LLDPE Linear Low Density Polyethylene , and HDPE HDPE
abbr.
high-density polyethylene
 resins were issued by Dow (Direct OverWrite) See magneto-optic disk.  Plastics, Exxon Chemical, Novacor Novacor® An implantable left ventricular assist device, which provides self-regulating circulatory support for end-stage heart disease, serving as a mechanical bridge while Pt awaits a heart transplant  Chemical, Union Carbide Union Carbide Corporation (Union Carbide) is one of the oldest chemical and polymers companies in the United States, and currently has more than 3,800 employees. , and Mobil Chemical. Start dates for all are Sept. 1 or 3 except for Mobil, whose increases take effect Oct. 1.

Quantum Chemical called for a 5[cents]/lb hike on its EVA Eva

to marry winner of singing contest. [Ger. Opera: Wagner, Meistersinger, Westerman, 225–228]

See : Prize



1. Eva - A toy ALGOL-like language used in "Formal Specification of Programming Languages: A Panoramic Primer", F.G.
 extrusion and molding molding, in architecture, furniture, and decorative objects, a surface or group of surfaces of projecting or receding contours. A molding may serve as a defining element, terminating a unit or an entire composition (e.g.  resins, effective Sept. 1, and a 5[cents]/lb price hike on LDPE, LLDPE, and rotational molding Rotational molding or moulding is a versatile process for creating many kinds of mostly hollow plastic Parts. The phrase is often shortened to rotomolding or rotomoulding.  grades, effective Sept. 3.

Phillips Phil·lips  

A trademark used for a screw with a head having two intersecting perpendicular slots and for a screwdriver with a tip shaped to fit into these slots.
 Sumika, Quantum, and Paxon Paxon Buspirone, see there  all issued 5[cents]/lb price hikes on HDPE. They take effect Sept. 13 in the case of Paxon, Oct. 1 for the other two. Other HDPE players are expected to take similar actions.

Tight supplies of ethylene monomer drove up prices for the monomer 2.5[cents]/lb this summer. Recent plant maintenance turnarounds are blamed for shortening supplies, and more are scheduled for September September: see month.  and October October: see month. . An ethylene pipeline fire that temporarily shut down operations at Lyondell Petro-chemicals' Channelview, Texas Channelview is a census-designated place (CDP) in Harris County, Texas, United States. The population was 29,685 at the 2000 census. Geography
Channelview is located at  (29.786656, -95.122149)GR1.
, site in late July July: see month.  is expected to further tighten supply.
Bulk(*) List & Market Prices Effective Mid-August

                        LIST                  MARKET
RESIN GRADE(b)      [cents]/LB   [cents]/LB(b)     [cents]/CU IN(b)

ABS

MED IMPACT            128-138          89-91             3.4
HI IMPACT             135-141          94-100            3.7
X-HI IMPACT           140-147         102-105            3.9
HI HEAT               132-155         117-121            4.7
PIPE                  110-115          82-85             3.2
SHEET                  95-105          87-90             3.4
TRANSPARENT           152-158         112-124            4.3
FITTINGS              102-107          94-97             3.7
PLATING               137-139         105-115            4.0
FLAME RET             138-161         122-130            5.7
STRUCT FM             120-126         103-107           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         140-45             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                  1.25-1.32        101-1.08           4.3-4.9
IMPACT               1.60-1.73        162-173            6.9-7.3

ACRYLONI-
TRILE 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                  265             265               11.3

FLUORO-
POLYMER

CTFE                 3000            3000              237.6
ECTFE                1200            1100               70.1
ETFE                 1230-1505       1230-1505          79.3-97
FEP                  1100-1500        925-1090          70.3-82.8
PFA                  2100-2700       1830-2005           141-154.5
PTFE                  650-720         570-640           45.0-51.0
PVDF                  700-850         650-700           41.7-44.9

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          90-94             5.5-5.6
MILAMINE/
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              210-244         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 46               295             295               12.6
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

POLYAMIDE-
IMIDE

MODIFIED            1975          1975                 113.8

UNMODIFIED          2225          2225                 128.2

POLYARYLATE           225-280        200-280             8.8-12.3

POLYARYL-
SULFONE               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

POLYCAR-
BONATE

INJECTION             242-249        148-163             6.7
20% GLASS             240-329        178-190             8.9
30% GLASS             219-247        188-217            10.4
EXTRUSION             242-249        137-145             5.9
GLOW MOLD             240-262        150-170             6.7
STRUCT FOAM           222            159-181            NA(d)
20% GLASS             297            245-255            NA(d)
FR                    255-289        176-197             8.2
CD                    281            185-200             9.6

POLYESTER (TP)
PBT TYPE

UNFILLED              164-175         43-150             6.9
HHMP                  195-205         54-165             7.6
30% GLASS,FR          170-190         65-187            10.0
STRUCT FOAM           165-170         59-165            NA(d)

PET

BOTTLE (RAILCAR)       81-89          54-57(**)
2.7-2.9(**)
MOD PET
30% GLASS             176             32-143             7.4
55% GLASS             200             48-155             9.8
30% GLASS,
FLAME RET             230            147-157             9.2
PETG COPOL             98             98                 4.5

POLYESTER
THERMOSET

G-P ORTHO              68-79          57-65             NA(d)
ISOPHTHALIC            81-85          60-70             NA(a)
BIS-A                 120-150        120-150            NA(a)

PEEK                 3300           3300               109.3

30% GLASS            2525           2525               110.0

POLYETHER-
IMIDE                 465            465                21.5

30% GLASS             380            380                19.8

POLYETHER-
KETONE (PEK)         2950           2950               130.1

30% GLASS            2600           2600               153

POLYETHER-
SULFONE               549-571        549-571            27.1-30.8

30% GLASS             457-505        457-505            26.0-29.2

POLYETHYLENE
(RAILCAR)
LDPE

G-P MOLDING
& EXTRU                55-60          46-48              1.5-1.6
INJECTION              55-60          46-48              1.5-1.6
LID RESIN              55-60          49-53              1.6-1.7
LINER                  55-60          42-44              1.4-1.5
CLARITY                55-60          47-50              1.5-1.6
EXTRU COATG            55-60          47-51              1.5-1.6
BLOW MOLD              67-80          48-52              1.5-1.7

LLDPE,
BUTENE-
BASED

G-P MOLDING            55-60          43-45              1.4-1.5
FILM                   55-60          41-43              1.4
ROTOMOLD               70-75          47-48              1.6

LLDPE,
HAO-BASED

C-P MOLDING            63-67          46-48              1.5-1.6
LID RESIN              63-67          45-47              1.5-1.6
LINER FILM             63-67          44-46              1.5

HDPE

C-P INJ MOLD           60-63          39-41              1.3-1.4
FILM                   60-63          42-44              1.4-1.5
BLOW MOLD              60-63          41-43              1.4

HMW-HDPE

BLOW MOLDING           60-63          44-47              1.5-1.6
FILM                   60-63          45-47              1.5-1.6
PIPE                   63-67          48-50              1.6-1.7

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
20% 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

POLY-
PROPYLENE
(RAILCAR)

G-P HOMOPOL
INJECTION              55-60          39-41              1.3-1.4
EXTRUSION
FIBER                  55-60          36-40              1.2-1.3
PROFILES               55-60          39-41              1.3-1.4
RANDOM COPOL
BLOW MOLDING           60-65          44-47              1.4-1.5
FILM                   60-65          45-49              1.4-1.6
INJECTION              60-65          47-49              1.5-1.6
IMPACT COPOL
MED IMP                58-70          44-50              1.4-1.6
HI IMP                 70-84          53-63              1.7-2.0

POLYSTYRENE
(RAILCAR)

G-P CRYSTAL            60-66          45-46              1.7
HI HEAT                63-66          46-47              1.7-1.8
HIPS                   66-68          49-51              1.8-1.9
SUPER HI IMP           72-73          50-51              1.9
FR                     97-104         56-57              2.4
STRUCT FM (FR)        100-105         93-94             NA(d)

EPS

UNMODIFIED             79             75-79             NA(d)
MODIFIED               81             79-80             NA(d)

POLYSULFONE           440-490        440-490            19.8-21.9

10% GLASS             410-480        410-480            19.8-22.7
30% GLASS             370-420        370-420            19.6-22.1

POLYURE-
THANE (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             125-141         90-105            NA(d)

PVC RESIN
(RAILCAR)

G-P HOMOPOL            37-38          34-35             NA(d)
PIPE                   36-37          33-34             NA(d)
FILM                   39-40          35-36             NA(d)
COPOLYMER
FLOORING               57             47-49             NA(d)
DISPERSION
HOMOPOLY               74             61-64             NA(d)
COPOLYMER              74             65-69             NA(d)
CPVC PIPE
COMPOUND              137            122                NA(d)

PVDC

EXTRUDABLE            162            162                NA(d)

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

STYRENE-
ACRYLIC               112-118        108-112             3.7-4.0

SAN (G-P)              97             85-88              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              95-115         70-76               2.4
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              140            144                 NA(d)
HEAT & COR RES       145            158                 NA(d)

KEY

Colored areas indicate pricing activity. An arrow (**) 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. For resistors, capacitors, diodes; novolac and
anhydride grades.


PP PRICES MOVE UP

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.  suppliers were largely successful in implementing their 3[cents]/lb price hike this summer, which makes some industry sources believe that another round of increases could emerge this fall.

Contributing to rising resin prices is healthy demand combined with tight supply - a result of recent scheduled plant turnarounds, suppliers say. They also cite higher monomer costs this summer.

PET BOTTLE-GRADE TABS DROP

Prices of PET bottle resin have gone down rather dramatically since January. Current market prices are in the mid- mid-
pref.
Middle: midbrain. 
50[cents]/lb range - down from 79-86[cents]/lb range in the third quarter of last year.

The drop comes as no big surprise, since tight supplies of both resin and feedstock - particularly paraxylene Par`a`xy´lene

n. 1. (Chem.) A hydrocarbon (C6H4(CH3)2) of the aromatic series obtained as a colorless liquid by the distillation of camphor with zinc chloride. It is one of the three metamers of xylene. Cf. Metamer, and Xylene.
, precursor precursor /pre·cur·sor/ (pre´kur-ser) something that precedes. In biological processes, a substance from which another, usually more active or mature, substance is formed. In clinical medicine, a sign or symptom that heralds another.  to DMT/PTA - are no longer an issue. Suppliers estimate that roughly 10[cents]/lb of the 30[cents] or so decrease in PET resin tabs can be directly attributed to falling feedstock prices. By July, para-xylene contract prices were almost half what they were in January.

The other 20[cents]/lb or so decrease in PET resin prices can be attributed to the more favorable fa·vor·a·ble  
adj.
1. Advantageous; helpful: favorable winds.

2. Encouraging; propitious: a favorable diagnosis.

3.
 supply/demand situation for processors. Although U.S. demand for PET remains strong (suppliers still estimate overall growth of 7-10% by the end of the year), more than 1.2 billion lb of new capacity has been brought on stream this year in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere.  - with about 1 billion lb of it in the U.S. (see PT, Mar. '96, p. 62). A flux flux

In metallurgy, any substance introduced in the smelting of ores to promote fluidity and to remove objectionable impurities in the form of slag. Limestone is commonly used for this purpose in smelting iron ores.
 of new PET resin capacity brought on stream by Asian suppliers is also a factor.

While some PET suppliers predict that resin prices will continue to drop as far as 50[cents]/lb, others believe resin prices will stabilize stabilize

See peg.
 for the balance of the year despite further expected decreases in feedstock prices in the fourth quarter. PET capacity utilization rates Capacity utilization rate

The percentage of the economy's total plant and equipment that is currently in production. Usually, a decrease in this percentage signals an economic slowdown, while an increase signals economic expansion.
 are estimated at about 88%, a significant drop from the 96% rate in the third quarter of 1995, the height of supply tightness.
COPYRIGHT 1996 Gardner Publications, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:polyethylene; polyethylene terephthalate
Author:Sherman, Lilli Manolis
Publication:Plastics Technology
Date:Sep 1, 1996
Words:1937
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