Printer Friendly
The Free Library
14,506,802 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Polyolefin Prices Head Up, While PET Moves Down.


* Polyethylene polyethylene (pŏl'ēĕth`əlēn), widely used plastic. It is a polymer of ethylene, CH2=CH2, having the formula (-CH2-CH2-)n  and 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 seem determined to reverse the declining prices of recent months. Though 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  overcapacity o·ver·ca·pac·i·ty  
n.
Too great a capacity for production of commodities or delivery of services in relation to actual need: the problem of overcapacity in many large industries. 
 and slow demand still overhang Overhang

Calculated as stock options granted, plus the remaining options to still be granted, and then divided by the total shares outstanding.

Notes:
A high percentage for the overhang is usually a bad thing.
 the market, PP 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
 prices are moving up sharply, and some PE grades are temporarily tight. However, these factors do not affect PET prices, which are still soft.

PE hikes under way

Polyethylene price hikes of 5[cts.]/lb, effective Oct. 1, were issued by all major suppliers. Industry rumors For other uses, see Rumor (disambiguation).

Rumors is a farcical play by Neil Simon.

At its start, several affluent couples gather in the posh suburban residence of a couple for a dinner party celebrating their tenth anniversary.
 are brewing brewing: see beer.  that another 4[cts.] price move may be in the offing coming; arriving in the foreseeable future.
visible but not nearby.

See also: Offing Offing
.

Contributing factors: Suppliers aim to stop the decline in PE prices, which are down 7[cts.]/lb since the beginning of the year. This is the result of overcapacity, a sharp decline in market demand across the board, and price competition between resin makers. One exception to these trends is the tightening of supplies of HDPE HDPE
abbr.
high-density polyethylene
 injection molding injection molding
n.
A manufacturing process for forming objects, as of plastic or metal, by heating the molding material to a fluid state and injecting it into a mold.
 grades that resulted from 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.  temporarily shutting down a plant for needed repairs.

PP prices to move up

Polypropylene prices are expected to rise soon, as a result of two price initiatives now in progress. Equistar Chemicals led the first move by posting a 4[cts.]/lb hike for Sept. 1. Most other major suppliers followed with increases of 3[cent] effective Sept. 17 or Oct. 1. On top of this effort to lift PP tabs, Dow (Direct OverWrite) See magneto-optic disk.  Plastics started a push for a second price increase at press time last month. Dow called for an additional 4[cts.]/lb effective Oct. 15. Although not directly confirmed, there were industry reports that several other key suppliers, including Huntsman, Equistar, Chevron, 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.
, and Basell were planning 3-4[cts.]/lb hikes with effective dates of Oct. 15 or Nov. 1. Some sources report that prices of wide-spec and spot PP have already crept crept  
v.
Past tense and past participle of creep.


crept
Verb

the past of creep

crept creep
 up 3-4[cts.]/lb.

Contributing factors: PP prices dropped another 2[cts.]/lb during August, bringing the total decline this year to an average of 6[cts.]/lb. The primary causes were resin suppliers' overcapacity and price competition.

Meanwhile, 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 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).
 producers are seeking price hikes of at least 2.5 to 4 [cts.]/lb. Higher prices are due to a shortage of propylene monomer that developed through the summer months, when low prices discouraged dis·cour·age  
tr.v. dis·cour·aged, dis·cour·ag·ing, dis·cour·ag·es
1. To deprive of confidence, hope, or spirit.

2. To hamper by discouraging; deter.

3.
 refiners from bringing more propylene into the chemical market. Some industry analysts anticipate as much as a 30% cutback cut·back  
n.
1. A decrease; a curtailment: "The political effects of food cutbacks could be devastating" New York Times.

2.
 in monomer deliveries to some PP producers.

PET prices drop

PET bottle markets have entered their slow season, and resin prices dropped 2[cts.]/lb in August. Suppliers had fully implemented their second-quarter 7[cts.] increases, but by July July: see month. , they were giving back 1-2[cts.]/lb to some large-volume buyers. By August, a 2[cts.] give-back was the norm.
Market Prices Effective Mid-September [a]


RESIN GRADE [b]    [cts.]/LB    [cts.]/CU IN [c]

ABS

  MED IMPACT       75-80            2.8-2.9
  HI IMPACT        82-88            3.0-3.2
  X-HI IMPACT      92-95            3.4-3.5
  HI HEAT          107-111          4.0-4.1
  PIPE             68-72            2.5-2.6
  SHEET            77-80            2.8-2.9
  TRANSPARENT      142-148          5.3-5.5
  FITTINGS         78-82            2.9-3.0
  PLATING          95-105           3.5-3.9
  FLAME RET        112-120          4.1-4.4
  STRUCT FM        83-97            3.1-3.6
  10% GLASS        130-150          4.8-5.6
  30% GLASS        120-146          4.7-5.4
 ABS/PC ALLOY      135-140          5.0-5.2
 ABS/PVC ALLOY     130-135          4.8-5.0
 ABS/NYLON ALLOY   167-189          6.2-7.0

ACETAL

  HOMOPOL          143-147          7.2-7.5
   20% GLASS       162-170          8.1-8.6
  COPOLYMER        143-147          7.2-7.5
   25% GLASS       162-170          8.1-8.6

ACRYLIC

  G-P              87-104           3.7-4.4
 IMPACT            135-191          5.7-8.1

ACRULONI-
TRILE COPOL

  EXTRUSION        101-116          4.0-4.6
  INJECTION        120-135          4.8-5.4

ALKYD              65-74            4.9-5.5

CELLULOSICS
  ACETATE          187                8.6
  CAB              184                7.9
  CAP              184                7.9

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         60-95            2.4-4.0
 FILM EXTRU        55-87            2.4-2.7

EVOH               265                11.3

FLURO-
POLYMER

  CTFE             4500              346.6
  ECTFE            1400-1600      108.3-123.8
  ETFE             1230-1600          79.3
  FEP              1000-1500       70.5-75.6
  PFA              1850-2400      143.1-185.7
  PTFE             500-900          39-70.3
  PVDF             650-800         41.4-50.9

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           124-139          6.2-7.0
  MIN FILLED       119-132          5.9-6.6
  30% GLASS        142-174          7.1-8.7
 TYPE 66           140-155          7.4-8.2
  MIN FILLED       140-148          7.4-7.8
  30% GLASS        180-190          8.8-9.3
 TYPE 69           250-276          9.7-10.7
 TYPE 6/10         286-313         12.4-13.6
 TYPE 612          286-327         11.4-13.2
  30% GLASS        309-311            14.7
  40%GLASS         309                14.7
 TYPE 46           295                12.6
 TYPE 11           329-341         13.5-14.1
  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          55.5-87.5        2.8-4.0
  REINFORCED
  GRADES           100.5-267.5      6.0-15.9

POLYAMIDE-
IMIDE [g]

  UNFILLED         2310-2910      118.4-148.4
  30% GLASS        2250-2780      118.8-146.9
  30% CARBON FIB.  3260-3750      174.0-200.4
POLYARYLATE        200-280   8.8-12.3

POLYARYL-
SULFONE              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


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        127-145    5.4-6.2
  BLOW MOLD        140-170    6.0-7.3
  STRUCT FOAM      149-181    6.4-7.8
   20% GLASS       235-255   10.1-11.0
  FR               166-197    7.1-8.5
  CD               135-155    5.8-6.6

POLYESTER (TP)
PBT TYPE

 UNFILLED          143-150      6.9
 HI-IMP            154-165      7.6
 30% GLASS, FR     165-187     10.0
 STRUCT FOAM       159-165    NA [d]

PET

 BOTTLE (RAILCAR)   60-63     3.1-3.2

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          60-68     NA [d]
 ISOPHTHALIC        73-83     NA [d]
 BIS-A             123-153    NA [d]

PEEK                 4400       231

  30% GLASS          3300       173

POLYETHER-

  IMIDE            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             440       19.71
  30% GLASS          372       20.01

POLYETHYLENE
(RAILCAR)

 LDPE
  G-P MOLDING
   & EXTRU          48-50     1.6-1.7
   INJECTION        48-50     1.6-1.7
   LID RESIN        49-51     1.6-1.7
   LINER            48-50     1.6-1.7
  CLARITY           43-46     1.4-1.6
  EXTRU COATG       47-49       1.6
  BLOW MOLD         49-51     1.6-1.7

LLDPE,
BUTENE-
BASED

  G-P MOLDING       36-38       1.3
  FILM              35-38       1.3
  ROTOMOLD          36-38       1.3

LLDPE,
HAO-BASED

 G-P MOLDING        41-43       1.4
 LID RESIN          44-46     1.4-1.5
 LINER FILM         41-43       1.4

HOPE

 G-P INJ MOLD       38-41       1.4
 FILM               41-42       1.4
 BLOW MOLD          41-43       1.4

HMW-HDPE

 BLOW MOLDING       42-44       1.4
 FILM               41-43       1.4
 PIPE               47-49     1.5-1.6
 UHMW-PE           100-125    3.6-3.7

PPE/PPO-
BASED REIN

 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         340-385     20-23
 55% CLASS/
  MINERAL          275-295      18
 65% GLASS/
  MINERAL          205-260     15-19

POLY-
 PROPYLENE
 (RAILCAR)

  G-P HOMOPOL
 INJECTION          33-35     1.1-1.2
 EXTRUSION
  FIBER             31-33       1.1
 PROFILES           34-36     1.1-1.2
 RANDOM COPOL
  BLOW MOLDING      38-40       1.3
  FILM              37-39       1.3
  INJECTION         36-38     1.2-1.3
IMPACT COPOL
 MED IMP            45-47       1.5
 HI IMP             49-51     1.6-1.7

POLYSTYRENE
(RAILCAR)

 G-P CRYSTAL        39-42     1.5-1.6
  HI HEAT           40-43     1.5-1.6
HIPS                41-44     1.6-1.7
 SUPER HI IMP       55-59       2.2
 FR                 81-92     30.3.5
 STRUCT FM (FR)     93-95       NA

EPS

 UNMODIFIED         80-84     NA [d]
 MODIFIED           84-85     NA [d]

POLYSULFONE          440       19.71
10% GLASS            430       20.6
30% GLASS            372       20.01

POLYURE-
THANE (TP)
ESTER TYPE         185-255     8-11
ETHER TYPE         245-295    1.06-13

PU

ISO CYANATES
 POLYMERIC MDI     105-115    NA [d]
 80/20 TDI         110-120    NA [d]

PVC RESIN
(RAIL CAR)

G-P HOMOPAL         32-34     NA [d]
 PIPE               28-29     NA [d]
 FILM               35-37     NA [d]
 COPOLYMER
  FLOORING          45-47     NA [d]
DISPERSION
  HOMOPOLY          56-60     NA [d]
  COPOLYMER         60-64     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/EXPOXY   339-343   22.5-22.8

STYRENE-

ACRYLIC            108-112    3.7-4.0

SAN (G-P)           85-88       3.3

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         287-337   10.4-12.3
 POLYESTER         200-310   8.8-13.6
 STYRENIC           83-237    2.9-8.3

UREA MOLDING
COMPOUND

 BLACK & BROWN      67-68     3.6-4.1
 WHITE & IVORY        72        3.8

VINYL ESTER


 COR RES             147      NA [d]
 HEAT & COR RES      161      NA [d]


KEY Colored areas indicate pricing activity. An arrow ([down arrow]) indicates direction or prices change. (a.) Truck "" unless otherwise specified spec·i·fy  
tr.v. spec·i·fied, spec·i·fy·ing, spec·i·fies
1. To state explicitly or in detail: specified the amount needed.

2. To include in a specification.

3.
. (b.) Untitled natural color unless otherwise specified. (c.) Based on typical or average density. (d.) Not applicable. (e.) Novolac and anhydride anhydride (ănhī`drīd, –drĭd) [Gr.,=without water], chemical compound formed by removing water, H2O, from another compound; the anhydride can also react with water to form the original compound.  graces for resistors, capacitors diodes. (g.) In quantities of 20,000-lb - 19,800-lb load.
COPYRIGHT 2001 Gardner Publications, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Comment:Polyolefin Prices Head Up, While PET Moves Down.
Author:Sherman, Lilli Manolis
Publication:Plastics Technology
Article Type:Brief Article
Geographic Code:1USA
Date:Oct 1, 2001
Words:1592
Previous Article:Muehlstein Buys Trinity Specialty Compounding.(H. Muehlstein and Company Inc.)(Brief Article)
Next Article:BP Is Expanding Sulfone Polymer Capacity.(Brief Article)(Statistical Data Included)
Topics:



Related Articles
Higher prices for PP, PS, PVC.
How to hedge your bets on resin pricing.
Recycled PET prices go up, HDPE heads down.(polyethylene terephthalate; high density polyethylene)
PET & Engineering Resins Move Up.(plastics' price changes)(Brief Article)
Commodity Resins Will Be Soft.(Brief Article)(Statistical Data Included)
Suppliers Fight Softening Prices.(thermoplastics)(Brief Article)(Statistical Data Included)
Metallocene PP & PE Weld Strongly to Each Other.(manufacturing process research with Polyethylene and Polypropylene)(Brief Article)
Recycled Resin Prices Generally Stable for Now.
Recycled Prices Plummet, Along With Demand.(plastics industry)(Brief Article)(Statistical Data Included)
PE, PP, PET look flat for first half: 2002 Pricing Outlook for Commodity Resins. (Your Business Pricing Update).(polyethylene and polypropylene...

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles