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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.
COPYRIGHT 2007 Gardner Publications, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Your Business: Pricing Update
Author:Schut, Jan. H.
Publication:Plastics Technology
Date:Feb 1, 2007
Words:1925
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