PP & PS prices may rise.* 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. and polystyrene polystyrene (pŏl'ēstī`rēn), widely used plastic; it is a polymer of styrene. Polystyrene is a colorless, transparent thermoplastic that softens slightly above 100°C; (212°F;) and becomes a viscous liquid at around 185°C; prices were moving upward in the last month, though polyethylene polyethylene (pŏl'ēĕth`əlēn), widely used plastic. It is a polymer of ethylene, CH2=CH2, having the formula (-CH2-CH2-)n was relatively flat and PVC PVC: see polyvinyl chloride. PVC in full polyvinyl chloride Synthetic resin, an organic polymer made by treating vinyl chloride monomers with a peroxide. was still soft. Demand is said to be steady, but not stellar. "Generally, processors are buying as needed as needed prn. See prn order. , and are likely to be able to do that through this month, particularly in the case of polyethylene. Although production is stable, there has been no strong order placement," says Cindy Bryan Bryan, city (1990 pop. 55,002), seat of Brazos co., E central Tex.; inc. 1872. Settled in the early 19th cent. in an area of large plantations, Bryan was long a cotton center. , director of market research at 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 purchasing consultant 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. Technology Inc. (RTI RTI - Return from interrupt ), Fort Worth, Texas Fort Worth is the fifth-largest city in the state of Texas, 18th-largest city in the United States[1], and voted one of "America’s Most Livable Communities. . There are also indications of resin inventory buildup--material that was slated for export to Asia, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Bryan. While polyolefin polyolefin synthetic material used for surgical sutures, e.g. in polyethylene and polypropylene sutures. suppliers lowered plant operating rates Operating rate 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. last fall to slow burgeoning inventory accumulations, this "orphaned or·phan n. 1. a. A child whose parents are dead. b. A child who has been deprived of parental care and has not been adopted. 2. A young animal without a mother. 3. " export material is likely to be redirected to the domestic market, probably at more attractive pricing. PE prices stable for now Polyethylene prices remained flat last month, and suppliers pushed back their 6 cents to 7 cents/1b increases from January January: see month. to this month. Meanwhile, 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). ) 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 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 February in g-p 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 sold at 50.3 cents/1b, down from January's 52.2 cents. Contributing factors: Demand for PE remains steady, though undramatic, but there has been a downward push from 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). pricing. December monomer contracts dropped 3 cents to 41.5 cents/lb. Although there are some January contract price nominations for increases of 2 cents to 3 cents, spot ethylene prices have dropped to 32 cents/lb, and even lower bids have been posted, according to RTI's Bryan. PP prices up Polypropylene prices in January moved up 2 cents to 3 cents/lb, a partial implementation of 5 cents hikes slated for January. At press time, Basell issued a price hike of 5 cents/lb for Feb. 1, and two other suppliers were rumored to be doing the same. LME's February futures contract for g-p injection-grade homopolymer ho·mo·pol·y·mer n. A polymer composed of identical monomeric units. sold at 50.3 cents/lb, down from January's 53.4 cents. Contributing factors: Overall demand in most markets is said to be good, with the exception of fibers. Suppliers concede con·cede v. con·ced·ed, con·ced·ing, con·cedes v.tr. 1. To acknowledge, often reluctantly, as being true, just, or proper; admit. See Synonyms at acknowledge. 2. that the recent demand surge was partly due to an inventory correction, as processors had been working off inventories through the latter part of last year. Resin plant utilization rates were scaled back to around 85% in November, and are still below 90%. Supplier inventories are reportedly lower than before. 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 prices are once again making themselves felt, as January contract nominations were up 2.25 cents/lb to 42.75 cents. Monomer supply has been tight and is likely to remain so for a couple of months, since at least one major refinery is down for maintenance this month. PVC tabs slip again PVC resin prices were weaker in December than anticipated, dropping 2.5 cents to 3 cents instead of the expected 2 cents. In mid-January, PVC appeared to be down another penny. Contributing factors: PVC producers' operating rates in December were the lowest in five years--67% according to the American Plastics Council's preliminary numbers. Processors say orders are way down for PVC windows, siding, and other building products. The bright spots are solid demand for white municipal pipe and foamed trim board, a new wood-replacement market. PS rises 3 cents Polystyrene resin producers all announced a 3 cents/lb increase for Jan. 1, which appeared to be taking hold despite processors' resistance. For resin makers, it recoups 3 cents lost in December. They then announced hikes of 3 cents or 4 cents/lb for Jan. 15, but industry observers are skeptical about their chances of success. Meanwhile, EPS (Encapsulated PostScript) A PostScript file format used to transfer a graphic image between applications and platforms. EPS files contain PostScript code as well as an optional preview image in TIFF, WMF, PICT or EPSI, the latter being an ASCII-only format. makers are expected to push through the 4 cents hike announced in mid-January. Contributing factors: When the Jan. 1 PS price increase was announced in December, contract 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. prices were down to $3.32/gal. (Benzene is a key 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 for styrene sty·rene n. A colorless oily liquid from which polystyrenes, plastics, and synthetic rubber are produced. Also called vinylbenzene. monomer.) Benzene contracts for January were up again to $3.74, but resin demand is still slow, especially for HIPS in durable goods durable goods Goods, such as appliances and automobiles, that have a useful life over a number of periods. Firms that produce durable goods are often subject to wide fluctuations in sales and profits. Also called consumer durables. , after a very weak November and December. EPS demand, however, is good. Dew dew, thin film of water that has condensed on the surface of objects near the ground. Dew forms when radiational cooling of these objects during the nighttime hours also cools the shallow layer of overlying air in contact with them, causing the condensation of some hikes ABS (Automatic Backup System) See backup program. , SAN Blaming benzene prices and their carryover carryover n. in taxation accounting, using a tax year's deductions, business losses or credits to apply to the following year's tax return to reduce the tax liability. (See: carryback) effect on styrene monomer, Dow (Direct OverWrite) See magneto-optic disk. Chemical raised prices of ABS and SAN by 7 cents/lb on Feb. 1.
Market Prices Effective Mid-January (a)
RESIN GRADE (b) cents/LB cents/CU IN 'c)
ABS
MED IMPACT 84-90 3.1-3.4
HI IMPACT 89-125 3.3-4.7
X-HI IMPACT 99-140 3.7-5.3
HI HEAT 89-110 3.3-3.8
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 100-130 3.9-5.1
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 COPOL
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 (f) 208-271 15.3-20.1
SEMICONDUCTOR
NOVOLAC 193-228 13.1-15.9
ANHYDRIDE 188-268 13.9-19.2
EVA
INJECTION 46-52 1.5-1.7
FILM EXTRU 42-49 1.4-1.6
EVOH 315 13.4
FLUORO-
POLYMER
CTFE 5000-6000 385-462
ECTFE 1470-1680 93.1-107.7
ETFE 1155-1680 70.7-102.8
FEP 971-1470 74.8-113.2
PFA 1785-2520 134.9-190.5
PTFE 450-900 34.8-69.7
PVDF 680-900 43.3-57.3
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
POLYAPOIDE-
IMIDE (g)
UNFILLED 2750 148.5
30% GLASS 2500 135
30% CARBON FIB. 3500 185
POLYARYLATE 200-280 8.8-12.3
POLYARYL- 440 21.8
SULFONE
POLYETHYLENE
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
POLYCAR-
BONATE
INJECTION 138-165 5.9-7.0
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 155-190 6.7-8.2
STRUCT FOAM 149-181 6.4-7.8
20% GLASS 235-255 10.1-11.0
FR 166-197 7.1-8.5
CD 140-200 6.0-8.6
POLYESTER (TP)
PBT TYPE
UNFILLED 143-150 6.9
HI-IMP 156-167 19.6-21
30% GLASS, FR 185-207 11.9
STRUCT FOAM 155-165 NA (d)
PET
BOTTLE (RAILCAR) 78-80 3.9-4.0
MOD PET
30% GLASS 132-143 7.4
55% GLASS 148-155 9.8
30% GLASS,
FLAME RET 147-157 9.2
PETG COPOL 114-124 5.2-5.6
POLYESTER
THERMOSET
G-P ORTHO 140-145 NA (d)
ISOPHTHALIC 165-175 Na (d)
BIS-A 210-215 Na (d)
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(PEK) 2950 130.1
30% GLASS 2600 153
POLYETHER-
SULFONE 350-400 17.2-19.7
30% GLASS 425-525 21-25.9
POLYETHYLENE
(RAILCAR) LDPE
G-P MOLDING
& EXTRU 79-81 2.6-2.7
INJECTION 80-82 2.7
LID RESIN 82-84 2.7-2.8
LINER 76-78 2.5-2.6
CLARITY 75-77 2.5-2.6
EXTRU COATG 79-81 2.6-2.7
BLOW MOLD 82-84 2.7-2.8
LLDPE,
BUTENE-BASED
G-P MOLDING 65-67 2.2-2.3
FILM 67-69 2.3-2.4
LME 30-DAY (j) 50.3 [down arrow] 1.7 [down arrow]
ROTOMOLD 69-71 2.3-2.4
LLDPE,
HAO-BASED
G-P MOLDING 70-72 2.4
LID RESIN 80-82 2.7
LINER FILM 74-76 2.5-2.6
HDPE
G-P INJ MOLD 67-69 2.4
FILM 74-76 2.5-2.6
BLOW MOLD 70-72 2.4-2.5
HMW-HDPE
BLOW MOLDING 74-76 2.5-2.6
FILM 73-75 2.5
PIPE 81-83 2.7-2.8
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 NA (d)
PPS
40% GLASS 357-404 21.2-24.0
55% GLASS/
MINERAL 289-310 20.8-22.3
65% GLASS/
MINERAL 226-273 15.5-18.7
POLYPROPYLENE
(RAILCAR)
G-P HOMOPOL
INJECTION 77-79 [up arrow] 2.6 [up arrow]
LME 30-DAY (j) 50.3 [down arrow] 1.6 [down arrow]
EXTRUSION
FIBER 72-74 [up arrow] 24 [up arrow]
PROFILES 81-83 [up arrow] 2 6-2.7 [up arrow]
RANDOM COPOL
BLOW MOLDING 81-83 [up arrow] 2.6-2.7 [up arrow]
FILM 79-81 [up arrow] 2.6 [up arrow]
INJECTION 78-80 [up arrow] 2.6 [up arrow]
IMPACT COPOL
MED IMP 90-92 [up arrow] 3.0 [up arrow]
HI IMP 93-95 [up arrow] 3.1 [up arrow]
POLYSTYRENE
(RAILCAR)
G-P CRYSTAL 79-85 3.0-3.3
HI HEAT 82-88 3.1-3.3
HIPS 80-85 3.0-3.3
SUPER HI IMP 90-94 3.2-3.5
FR 98-106 3.7-4.0
STRUCT FM (FR) 105-108 NA
EPS
UNMODIFIED 85-88 NA (d)
MODIFIED 86-90 NA (d)
POLYSULFONE 569-622 25-28
10% GLASS 749-799 36-39
30% GLASS 659-699 32-34
POLYURE-
THANE (TP)
ESTER TYPE 185-255 8-11
ETHER TYPE 245-295 10.6-13
PU
ISOCYANATES (I)
POLYMERIC MIDI 118-135 NA (d)
80/20 TDI 145-155 NA (d)
PVC RESIN
(RAILCAR)
G-P HOMOPOL 47-49 [down arrow] NA (d)
PIPE 46 [down arrow] NA (d)
FILM 55-58 [down arrow] NA (d)
COPOLYMER
FLOORING 68-70 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 38.1-39.3
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) 66-74 2..-2.8
STYRENE
MALEIC
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 10.9-12.7
POLYESTER 200-310 8.8-13.6
STYRENIC 83-237 2.9-8.3
UREA MOLDING
COMPOUND
BLACK & BROWN 76 3.8
WHITE & IVORY 81 4.0
VINYL ESTER
COR RES 218-230 NA (d)
HEAT & COR RES 243 NA (d)
KEY: Colored areas indicate pricing activity. An arrow (') indicates
direction of price change. (a) Truckload. unless otherwise specified.
(b) Unfilled, natural color, unless otherwise specified. (c) Based on
typical or average density. (d) Not applicable. (e) Novolac and
anhydride grades for coils, bushings, transformers. (f) Novolac and
anhydride grades for resistors, capacitors, diodes. (g) In quantities
of 20,000 lb. (h) 19.800-lb load. Prices include benzene surcharge.
(i) LME 30-day futures contract for lots of 54.564 lb.
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