Resin Prices Weaken Across the Board.The summer doldrums doldrums (dŏl`drəmz) or equatorial belt of calms, area around the earth centered slightly north of the equator between the two belts of trade winds. have softened soft·en v. soft·ened, soft·en·ing, soft·ens v.tr. 1. To make soft or softer. 2. To undermine or reduce the strength, morale, or resistance of. 3. prices of most commodity 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. . But in this slow economy, few processors can take much advantage of the buyers' market. PE prices drop Polyethylene polyethylene (pŏl'ēĕth`əlēn), widely used plastic. It is a polymer of ethylene, CH2=CH2, having the formula (-CH2-CH2-)n prices wilted wilt 1 v. wilt·ed, wilt·ing, wilts v.intr. 1. To become limp or flaccid; droop: plants wilting in the heat. 2. in the July July: see month. heat. By early August, suppliers had lost all of the 5[cts.]/lb increase implemented earlier this year. On average, prices are down 7[cts.]/lb from January January: see month. . Contributing factors: Continued 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. combined with a weak economy and competition from low-cost imports of film and bags have all contributed to the price decline. Total resin demand was down through July by 11% for HDPE HDPE abbr. high-density polyethylene , 9.7% for LDPE LDPE abbr. low-density polyethylene , and 4.3% for LLDPE LLDPE Linear Low Density Polyethylene . As a result, resin-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. are in the low 80% range. Although overcapacity is expected to continue throughout the year, resin suppliers are likely to attempt another increase. PVC PVC: see polyvinyl chloride. PVC in full polyvinyl chloride Synthetic resin, an organic polymer made by treating vinyl chloride monomers with a peroxide. prices slip PVC resin prices dropped another 1-1.5[cts.]/lb from mid-July to mid-August. That was not much relief for PVC pipe makers, however, as average selling prices The average sales price of goods or commodities. Especially used in the retail sector and technology distribution. for their product fell 2[cts.] in the same period. Contributing factors: "We're in a vise," complains one independent pipe producer. Demand for pipe is weak, as swollen pipe inventories continue to 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. Resulting slack 1. (operating system) slack - Internal fragmentation. Space allocated to a disk file but not actually used to store useful information. 2. (jargon) slack demand for resin has brought PVC producers' operating rates down from the 85% range a month ago to about 80% at press time. Resin producers, at least, are not feeling as much pinch pinch, n a small amount of chewing tobacco (snuff) an individual takes to use the substance for its desired effect. A “pinch” is called a quid in Britain. from their 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. 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 fell 1[cts.] in the past month. PS slide accelerates 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 fell farther and faster last month. In mid-August, PS was down another 2-3[cts.]/lb from a month earlier. That put prices into the 36-39[cts.]/lb range for the biggest buyers. Contributing factors: Weak demand, especially in durables Durables A category of consumer goods, durables are products that do not have to be purchased frequently. Some examples of durables are appliances, home and office furnishings, lawn and garden equipment, consumer electronics, toy makers, small tool manufacturers, sporting goods, , is accentuating the usual seasonal doldrums for PS demand. PET price hike fails An attempt to push through a 3[cts.]/lb third-quarter price increase on PET bottle resin has been abandoned by resin makers. Resin tabs generally have held steady since suppliers successfully implemented a 7[cts.]/lb hike in the second quarter. "On the whole, the entire 7[cts.]/lb is in place, although there have been some isolated cases where competitive pressure has led to price erosion of 1-2[cts.]," says one major supplier. Contributing factors: Late in the third quarter proved an inopportune in·op·por·tune adj. Inappropriate or ill-timed; not opportune. in·op  por·tune time to raise prices, as the PET bottle business is entering
its seasonal slow period. Nonetheless, PET suppliers hint that they
would like to try again to hike prices later in the year to recapture recapture n. in income tax, the requirement that the taxpayer pay the amount of tax savings from past years due to accelerated depreciation or deferred capital gains upon sale of property. (See: income tax) RECAPTURE, war. lost profits from prior price erosion. Market Prices Effective Mid-August 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 126-146 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 ACRYLONI- 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 186-268 13.9-19.2 EVA INJECTION 60-95 2.4-4.0 FILM EXTRU 55-87 2.4-2.7 EVOH 265 11.3 FLUORO- POLYMER CTFE 4500 346.6 ECTFE 1400-1600 106.3-123.8 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 13.6-14.1 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 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 HDPE 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 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 340-385 20-23 55% GLASS/ 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[down arrow] 1.5-1.6[down arrow] HI HEAT 40-43[down arrow] 1.5-1.6[down arrow] HIPS 41-44[down arrow] 1.6-1.7[down arrow] SUPER HI IMP 55-59[down arrow] 2.2 FR 81-92 3.0-3.5 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 10.6-13 PU ISOCYANATES POLYMERIC MDI 105-115 NA d 80/20 TDI 110-120 NA d PVC RESIN (RAILCAR) G-P HOMOPOL 32-34[down arrow] NA d PIPE 28-29[down arrow] NA d FILM 35-37[down arrow] 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/EPOXY 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 67-78 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 priced activity. An-arrow ([down arrow]) indicate direction price change.[a]Truckload truck·load n. The quantity that a truck can hold. truckload n → camión m lleno unless otherwise specified. [b]Untitled natural color unless others wise specified. [c]Based on typical or average densily. [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. grades for coils, bushings, transformers. [f]Novolac and grades for resistors, capacitors, diodes. [g]In quantities of 20,000 lb. [h]19,800-lb load. |
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