Resin makers fight price erosion.* In late May and June June: see month. , 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 turned back the clock, erasing recent increases for polyolefins polyolefins (pŏl'ēōl`əfən), group of plastics that are polymers of various alkenes, or olefins. The most important are polyethylene and polypropylene. , PVC PVC: see polyvinyl chloride. PVC in full polyvinyl chloride Synthetic resin, an organic polymer made by treating vinyl chloride monomers with a peroxide. , PS, and PET. In some cases, 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 was a factor; in others it was a flood of imports. And chemical 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 have declined across the board. But that hasn't has·n't Contraction of has not. hasn't has not hasn't have stopped polyolefin polyolefin synthetic material used for surgical sutures, e.g. in polyethylene and polypropylene sutures. producers from announcing price increases, however inhospitable in·hos·pi·ta·ble adj. 1. Displaying no hospitality; unfriendly. 2. Unfavorable to life or growth; hostile: the barren, inhospitable desert. the climate would appear to be. PE prices down Polyethylene polyethylene (pŏl'ēĕth`əlēn), widely used plastic. It is a polymer of ethylene, CH2=CH2, having the formula (-CH2-CH2-)n prices dropped 2 cents/lb in May and 2cents in June, bringing the total decline in prices for the first half of the year to 8 cents/lb. That didn't did·n't Contraction of did not. didn't did not didn't do dissuade TO DISSUADE, crim. law. To induce a person not to do an act. 2. To dissuade a witness from giving evidence against a person indicted, is an indictable offence at common law. Hawk. B. 1, c. 2 1, s. 1 5. suppliers from announcing a 6 cents price increase for June 1, but they have delayed it--ostensibly to July July: see month. . Contributing factors: Demand for the first half of the year was flat and supply has been loose. Capacity utilization Capacity Utilization measures the rate at which a firm makes use of their capital productive capacities, such as factories and machinery. Capacity Utilization generally rises when the economy is healthy and falls when demand softens. is said to be 90% to 91%. "While that's still good compared with a couple of years ago," says an industry source, "it still signals excess capacity. Suppliers need to be in the 93% to 94% range to implement a price increase." In May, 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). contract prices dropped to 37 cents/lb, down 5.5 cents since January January: see month. , and spot ethylene was selling as low as 26 cents/lb. PP prices sag 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. prices slipped 2.5 cents to 3 cents/lb from mid-May n. 1. the middle part of May. Noun 1. mid-May - the middle part of May period, period of time, time period - an amount of time; "a time period of 30 years"; "hastened the period of time of his recovery"; "Picasso's blue period" to mid-June n. 1. the middle part of June. Noun 1. mid-June - the middle part of June period, period of time, time period - an amount of time; "a time period of 30 years"; "hastened the period of time of his recovery"; "Picasso's blue period" , bringing the total drop in PP tabs to between 5 cents and 10 cents/lb this year. Nonetheless, one supplier is rumored to have announced a hike for mid-July n. 1. the middle part of July. Noun 1. mid-July - the middle part of July period, period of time, time period - an amount of time; "a time period of 30 years"; "hastened the period of time of his recovery"; "Picasso's blue period" , but this was not confirmed at press time. Contributing factors: Lackluster lack·lus·ter adj. Lacking brightness, luster, or vitality; dull. See Synonyms at dull. Adj. 1. lackluster - lacking brilliance or vitality; "a dull lackluster life"; "a lusterless performance" demand and high downstream From the provider to the customer. Downloading files and Web pages from the Internet is the downstream side. The upstream is from the customer to the provider (requesting a Web page, sending e-mail, etc.). inventories in the first half of the year were two factors pulling prices down. Capacity utilization dropped to the 85% to 90% range from around 95% last year. 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 contract prices were 37 cents/lb in May, down 9 cents since December December: see month. . Spot prices fell to 30 cents. June contracts are expected to hit 35 cents. PVC prices backtrack In May and June, PVC producers were cutting deals. For example, in late May, Formosa announced it would retroactively ret·ro·ac·tive adj. Influencing or applying to a period prior to enactment: a retroactive pay increase. [French rétroactif, from Latin adjust prices to erase the announced 1 cents/lb increases in April and May but would hold onto the 1 cents hike from March. PVC compounders dropped attempts to implement a 3 cents hike scheduled for March. Contributing factors: Exports of PVC to China plummeted 25% in the first quarter versus the same period in 2004. The reason, 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. market analyst CMAI CMAI Chemical Market Associates, Inc. CMAI Cohen Mansfield Agitation Inventory CMAI Clothing Manufacturers Association of India in Houston, is a startling star·tle v. star·tled, star·tling, star·tles v.tr. 1. To cause to make a quick involuntary movement or start. 2. To alarm, frighten, or surprise suddenly. See Synonyms at frighten. increase in Chinese PVC production, which caught world markets by surprise. China added 1.7 billion lb/yr of capacity in 2004 and are slated to add a whopping 4.7 billion lb this year. Meanwhile, the domestic siding market is also weak. The American Plastics Council The American Plastics Council (APC) is a major trade association for the U.S. plastics industry. Through a variety of outreach efforts, APC works to promote the benefits of plastics and the plastics industry. (APC (1) (American Power Conversion Corporation, West Kingston, RI, www.apcc.com) The leading manufacturer of UPS systems and surge suppressors, founded in 1981 by Rodger Dowdell, Neil Rasmussen and Emanual Landsman, three electronic power engineers who had worked at MIT. ) reports a drop of 7% in PVC siding and fence demand through April. The question is whether siding is off because of substitution Substitution Arsinoë put her own son in place of Orestes; her son was killed and Orestes was saved. [Gk. Myth.: Zimmerman, 32] Barabbas robber freed in Christ’s stead. [N.T.: Matthew 27:15–18; Swed. Lit. of other materials like fiber cement board A cement board is a combination of cement and glass fibers formed into 4 foot by 8 foot sheets, 1/4 to 1/2 inch thick that are typically used as a tile backing board. Cement board can be nailed or screwed to wood or steel studs to create a substrate for vertical tile and attached , or whether it reflects destocking of finished-goods inventories. Ethylene monomer prices are also a bit weaker. PS prices erode Erode (ĕrōd`), city (1991 urban agglomeration pop. 361,755), Tamil Nadu state, S India, on the Kaveri River. The city is located in a cotton-growing region, and its industries include cotton ginning and the manufacture of transport equipment. sharply 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 lost 2 cents/lb in late May and another 3 cents in June, basically returning to where prices were at the beginning of the year. Contributing factors: Industry sources say PS prices have been so high that some big buyers of disposables have switched to paper cups and plates. The APC reports that PS demand through April is off 0.2% from last year. 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. production dropped 3.1% for the same period, reflecting not lower demand, but rising imports of beads. Meanwhile, 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. feedstock contract prices dropped steadily from $3.87/gal in April to $3 in May and $2.30 in June. PET prices down Bottle-grade resin prices dropped 7 cents/1b in the first half of this year, torpedoing a planned 3cents/lb increase in April. A further decline is considered likely, as this is normally the peak of annual PET demand. Contributing factors: Domestic demand increased about 6% for the first half of 2005. But feedstock prices have dropped from prior highs. Adds one supplier, "We do not have the export demand from Europe that we had last year. There are also more PET imports from India, Thailand, and China." He and others expect an emerging excess of PET supply over demand. About 1.7 billion lb of capacity is slated to come on stream from Wellman (fourth quarter 2005), KoSa (3Q 2006), and Voridian (4Q 2006).
Market Prices Effective Mid-June (a)
RESIN GRADE (b) cents/LB cents CU IN (c)
ABS
IVIED IMPACT 80-90 3.0-3.4
HI IMPACT 85-95 3.2-3.6
X-HI IMPACT 95-105 3.6-4.0
HI HEAT 85-95 3.2-3.6
PIPE 80-110 3.0-4.2
SHEET 90-110 3.4-4.2
TRANSPARENT 125-165 4.9-6.4
FITTINGS 85-115 3.2-4.3
PLATING 95-105 3.5-3.9
FLAME RET 120-140 4.6-5.9
STRUCT FM 83-97 3.6-4.3
10% GLASS 125-140 5.0-5.6
30% GLASS 116-136 5.3-6.3
ABS/PC ALLOY 145-180 5.5-6.8
ABS/PVC ALLOY 130-135 5.8-6.1
ABS/NYLON ALLOY 190 7.3
ACETAL
HOMOPOL 130-147 6.7-7.3
20% GLASS 160-220 9.0-12.4
COPOLYMER 133-137 6.8-7.0
25% GLASS 180-240 9.2-12.2
ACRYLIC
G-P 129-164 5.4-6.9
IMPACT 174-234 7.3-9.9
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 3.1-15.9
ANHYDRIDE 188-268 13.9-19.2
EVA
INJECTION 46-52 1.5-1.7
FILM EXTRU 42-49 1.4-1.6
EVOH 265 11.3
FLUORO-
POLYMER
CTFE 2500-5500 193-424
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 46 295 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 75 3.8
REINFORCED
GRADES 105-268 6.1-16
POLYAMIDE-
IMIDE (g)
UNFILLED 2310-3045 117.8-155.3
30% GLASS 2250-2985 130.4-173.0
30% CARBON FIB. 3260-3950 173.6-210.5
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 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)
PST 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) 78-80y 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 113-116T NA (d)
ISOPHTHALIC 130-142T NA (d)
BIS-A 195-202? 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 350-400 17.2-19.7
30% GLASS 425-525 21-25.9
POLYETHYLENE
(RAILCAR)
LDPE
G-P MOLDING
& EXTRU 74-76 [down arrow] 2.5 [down arrow]
INJECTION 76-78 [down arrow] 2.5-2.6 [down arrow]
LID RESIN 78-80 [down arrow] 2.5-2.6 [down arrow]
LINER 73-75 [down arrow] 2.5 [down arrow]
CLARITY 71-73 [down arrow] 2.4-2.5 [down arrow]
EXTRU COATG 76-78 [down arrow] 2.5-2.6 [down arrow]
BLOW MOLD 78-80 [down arrow] 2.5-2.6 [down arrow]
LLDPE,
BUTENE-
BASED
G-P MOLDING 63-65 [down arrow] 2.1-2.2 [down arrow]
FILM 65-67 [down arrow] 2.2 [down arrow]
ROTOMOLD 67-69 [down arrow] 2.2-2.3 [down arrow]
LLDPE,
HAO-BASED
G-P MOLDING 66-68 [down arrow] 2.2-2.3 [down arrow]
LID RESIN 76-78 [down arrow] 2.5-2.6 [down arrow]
LINER FILM 69-71 [down arrow] 2.3-2.4 [down arrow]
HDPE
G-P INJ MOLD 62-64 [down arrow] 2.1-2.2 [down arrow]
FILM 72-74 [down arrow] 2.5 [down arrow]
BLOW MOLD 66-68 [down arrow] 2.3 [down arrow]
HMW-HDPE
BLOW MOLDING 71-73 [down arrow] 2.4-2.5 [down arrow]
FILM 73-75 [down arrow] 2.5-2.6 [down arrow]
PIPE 80-82 [down arrow] 2.7-2.8 [down arrow]
UHMW-PE 100-125 [down arrow] 3.6-3.7 [down arrow]
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
POLY-
PROPYLENE
(RAILCAR)
G-P HOMOPOL
INJECTION 71-73 [down arrow] 2.4 [down arrow]
EXTRUSION
FIBER 69-71 [down arrow] 2.2-2.3 [down arrow]
PROFILES 75-77 [down arrow] 2.4-2.5 [down arrow]
RANDOM COPOL
BLOW MOLDING 76-78 [down arrow] 2.5 [down arrow]
FILM 74-76 [down arrow] 2.4-2.5 [down arrow]
INJECTION 76-78 [down arrow] 2.4 [down arrow]
IMPACT COPOL
MED IMP 87-89 [down arrow] 2.8-2.9 [down arrow]
HI IMP 90-92 [down arrow] 2.9-3.0 [down arrow]
POLYSTYRENE
(RAILCAR)
G-P CRYSTAL 63-71 [down arrow] 2.4-2.7 [down arrow]
HI HEAT 66-74 [down arrow] 2.5-2.8 [down arrow]
HIPS 64-72 [down arrow] 2.4-2.7 [down arrow]
SUPER HI IMP 74-80 [down arrow] 2.8-3.0 [down arrow]
FR 82-91 [down arrow] 3.1-3.4 [down arrow]
STRUCT FM (FR) 90-93 NA
EPS
UNMODIFIED 80-83 NA (d)
MODIFIED 81-85 NA (d)
POLYSULFONE 432-512 19.3-22.9
10% GLASS 607-612 27-27.3
30% GLASS 557-562 24.9-25
POLYURE-
THANE (TP)
ESTER TYPE 185-255 8-11
ETHER TYPE 245-295 10.6-13
PU
ISOCYANATES (i)
POLYMERIC MDI 120-135 NA (d)
80/20 TDI 90-98 NA (d)
PVC RESIN
(RAILCAR)
G-P HOMOPOL 51-53 [down arrow] NA (d)
PIPE 48-51 [down arrow] NA (d)
FILM 60-62 [down arrow] NA (d)
COPOLYMER
FLOORING 63-65 NA (d)
DISPERSION
HOMOPOLY 62-78 NA (d)
COPOLYMER 77-81 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 2.5-2.8
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 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 76 3.8
WHITE & IVORY 81 4.0
VINYL ESTER
COR RES 185-197 NA (d)
HEAT & COR RES 210 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 (i) Prices include
benzene surcharge.
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