Resin makers try to raise prices.* The summer pricing holiday is over--that seems to be the unanimous message from commodity 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 producers, which dropped TVAs right and left shortly after Labor Day Labor Day, holiday celebrated in the United States and Canada on the first Monday in September to honor the laborer. It was inaugurated by the Knights of Labor in 1882 and made a national holiday by the U.S. Congress in 1894. . Modest improvements in some plastics markets may support some of these increases, but others are still meeting resistance. PE prices on upswing Upswing An upward turn in a security's price after a period of falling prices. Polyethylene polyethylene (pŏl'ēĕth`əlēn), widely used plastic. It is a polymer of ethylene, CH2=CH2, having the formula (-CH2-CH2-)n prices appeared to be on the way up in September September: see month. , when suppliers removed their 5 cents/lb TVAs. They thereby reactivated a price increase that has been on hold since late March. Contributing factors: Given the market's resistance to price hikes of late, it was too early at press time to determine how suppliers would fare with this attempt. One of them ventured that at least part of the increase would be implemented by the end of this month. Meanwhile, demand for PE 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. was down 6% through July July: see month. from the 2002 level, 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. 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. . One major supplier anticipates that this year's total demand will end up only about 1% below last year's. "It's it's 1. Contraction of it is. 2. Contraction of it has. See Usage Note at its. it's it is or it has it's be ~have not that there will be a late surge in demand this year, but rather that demand in the second half of 2002 was abysmal a·bys·mal adj. 1. Resembling an abyss in depth; unfathomable. 2. Very profound; limitless: abysmal misery. 3. Very bad: an abysmal performance. ," this source explains. 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 in August remained flat, even though lower prices had been expected. Stable August prices may partly reflect anticipated monomer tightness due to plant maintenance turnarounds scheduled for September and October October: see month. . Some industry analysts expect ethylene 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. to rise from the low 80% range to the low 90s. That would probably mean higher ethylene prices, which would likely spur moves to increase resin tabs. PP prices firmer 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 stabilized sta·bi·lize v. sta·bi·lized, sta·bi·liz·ing, sta·bi·liz·es v.tr. 1. To make stable or steadfast. 2. in August after a 1 cent/lb drop in July. Suppliers were intent on implementing a 3 cents price hike in September. Contributing factors: PP domestic demand picked up in August and September. Exports, particularly to China, are also up. Resin inventory levels continue to be low across the supply chain. Moreover, pressure from rising 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 appeared in August as natural-gas prices rose and remained high. August propylene contract prices were up 1.5 cents/lb and increase of 2 cents to 3 cents were proposed for September contracts. Some industry analysts expect further increase of 1 cent to 2 cents in October and November November: see month. . PVC PVC: see polyvinyl chloride. PVC in full polyvinyl chloride Synthetic resin, an organic polymer made by treating vinyl chloride monomers with a peroxide. makers try for 2 cents In attempt to raise prices, PVC resin producers have all removed the 2 cents/lb TVA TVA: see Tennessee Valley Authority. they posted in May. Customers reportedly have no price protection against the resulting hike. Contributing factors: Large window and siding producers think they can avoid paying more for resin. However, pipe producers (most of which belong to resin producers) support the resin increase. Pipe makers saw an uptick Uptick A transaction occurring at price above its previous transaction. In order for an uptick to occur, a transaction price must be followed by an increased transaction price. in demand between mid-August Noun 1. mid-August - the middle part of August 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" and September. Tug of war tug of war n. pl. tugs of war 1. Games A contest of strength in which two teams tug on opposite ends of a rope, each trying to pull the other across a dividing line. 2. on PS prices 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; producers are also trying to remove 2 cents of a 4 cents/lb TVA dating from June, but they are meeting resistance from big customers. Contributing factors: Processors say business is okay, but not strong enough to support an increase. The increase really hangs on the price of 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. , which spiked spike 1 n. 1. a. A long, thick, sharp-pointed piece of wood or metal. b. A heavy nail. 2. A spikelike part or projection, as: a. to a high of $1.58/gal in late August, then moderated. Industry sources say that if benzene goes back up, the resin increase is likely to hold. PUR polyols polyols (pol´ēôlz), n.pl substances made up of two or more alcohols. See also sugar alcohols. , MDI (1) (Multiple Document Interface) A Windows function that allows an application to display and lets the user work with more than one document at the same time. up Dow (Direct OverWrite) See magneto-optic disk. Plastics said it would raise off-list prices for its Voranol polyether pol·y·e·ther n. A polymer in which the repeating unit contains two carbon atoms linked by an oxygen atom. polyols, PAPI PAPI Precision Approach Path Indicator PAPI Public And Private Information PAPI Polymethylene Polyphenyl Isocyanate PAPI Perception and Preference Inventory (psychology) polymeric polymeric /poly·mer·ic/ (pol?i-mer´ik) exhibiting the characteristics of a polymer. pol·y·mer·ic adj. 1. Having the properties of a polymer. 2. MDI, and pure MDI by 6 cents/lb on Oct. 1. Contributing factors: Dow cites tightening supplies of rigid polyols and MDI as reasons for the price hike. Also, prices of propylene 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 and natural gas remain high. Global operating rates for MDI are above 90%. Dow sources predict that upward price pressure on MDI could last into 2007. Polyester polyester, synthetic fiber, produced by the polymerization of the product formed when an alcohol and organic acid react. The outstanding characteristic of polyesters is their ability to resist wrinkling and to spring back into shape when creased. gel coats up Cook Composites announced a 5 cents/lb price increase on polyster gel coats for Oct.20. Major supplies hinted that a hike of around 4 cents/lb on polyester resin Polyester Resin - Unsaturated Polyester Resin. The term generally used for unsaturated (means containing chemical double bonds) resins formed by the reaction of dibasic organic acids and polyhydric alcohols, basic component of SMC/BMC. tabs could come sometime in October.
Market Prices Effective Mid-September (a)
RESIN GRADE (b) cents/LB cents/CU IN (c)
ABS#
MED IMPACT 62-82 2.1-3.1
HI IMPACT 72-85 2.7-3.2
X-HI IMPACT 82-105 3.1-3.9
HI-HEAT 85-95 3.2-3.6
PIPE 58-62 2.2-2.3
SHEET 75-90 3.0-3.7
TRANSPARENT 125-165 4.9-6.4
FITTINGS 65-78 2.4-2.9
PLATING 95-105 3.5-3.9
FLAME RET 105-135 4.6-5.9
STRUCT FM 83-97 3.6-4.3
10% GLASS 125-140 5.0-5.6
30% GLASS 116-140 5.3-+6.3
ABS/PC ALLLOY 135-165 5.6-6.8
ABS/VPC ALLLOY 130-135 5.8-6.1
ABS/NYLON ALLLOY 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 160-216 9.2-12.3
ACRYLIC#
G-P 72-102 3.0-4.3
IMPACT 130-191 5.4-7.9
ACRYLONITRILE 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 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 46-52 1.5-1.7
FILM EXTRU 42-49 1.4-1.6
EVOH# 265 11.3
FLUOROPOLYMER#
CTFE 4500 346.6
ECTFE 1400-1600 108.3-123.8
ETFE 1100-1600 73.6-107.1
FEP 925-1400 71.3-107.9
PFA 1700-2400 131.6-185.8
PTFE 450-900 34.8-69.7
PVDF 650-800 41.4-50.9
IONOMER#
PACKAGING 127-166 4.3-6.0
INDUSTRIAL 150-244 5.0-.83
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 6 124-144 5.0-5.9
MIN FILLED 119-132 5.9-6.6
30% GLASS 135-160 6.6-7.8
TYPE 66 140-155 7.4-8.2
MIN FILLED 140-148 7.4-7.8
30% GLASS 130-180 6.3-8.8
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
50% GLASS 309 12.6
TYPE 46 295 13.6-14.1
TYPE 11 329-341 15.0-15.8
30% GLASS 331-350 17.7-18.5
50% GLASS 347-360 12.1-13.0
TYPE 12 318-341 14.7-15.8
30% GLASS 327-350 15.6-17.8
50% GLASS 299-340
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 2310-3045 124.7-164.4
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 3.9
PIPE
COLD WATER 116-120 3.9-4.0
HOT WATER 162-166 5.5-5.6
POLYCARBONATE#
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 82-100 3.5-4.3
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) 65-70 3.3-3.5
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 53-57 NA(d)
ISOPHTHALIC 70-80 NA (d)
BIS-A 120-15 NA (d)
PEEK# 4400 231
30% GLASS 3300 173
POLYETHERIMIDE# 641-646 29.3-29.5
30% GLASS 526-531 24.0-24.2
POLYTHER-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 59-61 2.0
INJECTION 59-61 2.0
LID RESIN 60-62 2.0
LINER 58-60 1.9-2.0
CLARITY 57-59 1.9
EXTRU COATG 59-61 2.0
BLOW MOLD 60-62 2.0
LLDPE, BUTENE-BASED#
G-P MOLDING 45-47 1.5-1.6
FILM 47-49 1.7
ROTOMOLD 49-51 1.7
LLDPE, HAO-BASED#
G-P MOLDING 51-53 1.7-1.8
LID RESIN 57-60 1.9
LINER FILM 52-54 1.7-1.8
HDPE#
G-P INJ MOLD 47-49 1.7
FILM 55-57 1.9-2.0
BLOW MOLD 49-51 1.7-1.8
HMW-HDPE#
BLOW MOLDING 57-59 1.9-2.0
FILM 59-61 1.9-2.0
PIPE 63-65 2.0-2.1
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 16.2-17.4
65% GLASS/MINERAL 215-1260 11-14
POLYPROPYLENE (RAILCAR)#
G-P HOMOPOL
INJECTION 49-51 1.6-1.7
EXTRUSION
FIBER 46-48 1.5-1.6
PROFILES 50-52 1.6-1.7
RANDOM COPOL
BLOW MOLDING 54-56 1.7-1.8
FILM 52-54 1.7
INJECTION 51-53 1.7
IMPACT COPOL
MED IMP 64-67 2.0-2.2
HI IMP 67-69 2.2
POLYSTYRENE (RAILCAR)#
G-P CRSYTAL 47-54 1.8-2.0
HI HEAT 46-53 1.7-2.0
HIPS 49-57 1.8-2.1
SUPER HI IMP 59-65 2.2-2.4
FR 87-98 3.2-3.7
STRUCT FM (FR) 91-93 NA
EPS#
UNMODIFIED 77-80 NA (d)
MODIFIED 79-82 NA (d)
POLYSULFONE# 432-512 19.3-22.9
10% GLASS 607-612 27-27.3
30% GLASS 557-562 24.9-25
POLYURETHANE (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 34-37 NA (d)
PIPE 32-35 NA (d)
FILM 44-46 NA (d)
COPOLYMER
FLOOING 46-48 NA (d)
DISPERSION
HOMOPOLY 59-63 NA (d)
COPOLYMER 63-67 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 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 pricing activity. An arrow ([down 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.
Note: Colored areas indicate pricing activity indicated with #.
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