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Resin prices lower--for now.


Prices of 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.
 were falling in October and November. Despite a try for a December PE hike, industry observers expect another month or two of weak prices.

PE hike announced

Polyethylene polyethylene (pŏl'ēĕth`əlēn), widely used plastic. It is a polymer of ethylene, CH2=CH2, having the formula (-CH2-CH2-)n  prices dropped another 6 cents/lb by early November. The decline in prices erased e·rase  
tr.v. e·rased, e·ras·ing, e·ras·es
1.
a. To remove (something written, for example) by rubbing, wiping, or scraping.

b.
 11 cents worth of increases implemented earlier this year and possibly a couple of cents more. 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).
) December 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 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  for blown film dropped to 50.1 cents from November's 52.8 cents/lb. Nonetheless, at press time at least three suppliers--Dow, Nova, and CP Chem--issued price hikes of 6 cents/lb for Dec. 1.

Contributing factors: Suppliers say orders for PE resins came to a stop in the second half of September, as a result of year-end inventory destocking throughout the supply chain--which occurred nearly two months earlier than usual. Some suppliers attribute this to inventory build-up build·up also build-up  
n.
1. The act or process of amassing or increasing: a military buildup; a buildup of tension during the strike.

2.
 in the second and third quarters. Explains one 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  maker, "Several converters and resin distributors purchased at least a month's inventory to secure against another major hit from hurricanes. As the hurricane season Hurricane season refers to a period in a year when hurricanes usually form. For more information see: Tropical cyclone#Times of formation.

For a lists of past seasons, see:
  • The Atlantic hurricane season (see also )
 came to a quiet end, there was plenty of resin in the secondary markets and at converters."

Meanwhile, October 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 settled at 48.5 cents/lb, down 3 cents from September, and November contract bids were coming in 3 cents to 4 cents lower than that. Sources at purchasing consultant Resin 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. , say lower monomer prices could drag PE prices lower too.

Suppliers maintain that market fundamentals will support firmer prices in the new year--hence the December price increase. "We see lower inventories across the chain globally," says one resin producer. Domestic suppliers' inventory levels, typically 45 to 60 days, are currently 35 to 40 days. RTI sources don't see PE prices moving upwards until February at the earliest.

PP prices down

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 dropped an average of 3.5 cents/lb by early November. LME's December short-term futures contract for g-p injection-grade homopolymer ho·mo·pol·y·mer
n.
A polymer composed of identical monomeric units.
 also dropped to 50.4 cents from November's 50.1 cents/lb.

Contributing factors: Suppliers attribute the drop in PP prices primarily to the sharp decline in 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 tabs, as well as resin inventory destocking in anticipation that PP prices will fall in parallel with monomer. Propylene contract prices for November dropped 9 cents to 40.5 cents/lb.

At press time, some industry sources expected PP prices to drop even more before the year's end. Sources at RTI saw the possibility of trimming another 5 cents to 6 cents/lb off contract prices.

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 sag

PVC resin prices fell 2 cents/lb for most buyers in October, though some got an extra penny off. In mid-November, both processors and suppliers expect prices to drop another 2 cents or 3 cents, depending on how much a buyer paid in October.

Contributing factors: With 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 dropping, PVC buyers stopped ordering Stopped Order

A market order on the NYSE that is stopped from being executed by the specialist because of a request from a member firm to obtain a better price than that available.
 and ran down inventories while waiting for resin prices to slip.

Up-again, down-again PS

PS producers bucked the general downtrend downtrend

A series of price declines in a security or the general market. Many analysts feel that investors should avoid securities in a downtrend until the pattern is broken. Compare uptrend.
 in resin and feedstock prices and raised prices 3 cents/lb in October, only to drop them again by 3 cents in November. Huntsman and Nova tried for a 4 cents hike on 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.  in November, but when BASF BASF Bar Association of San Francisco (since 1872; San Francisco, California)
BASF Badische Anilin und Soda Fabrik (German chemical products company)
BASF Builders Association of South Florida
 didn't follow, the attempt flopped. EPS prices are expected to stay flat.

Contributing factors: PS demand is weak, especially in food service, which has lost some market share to competitive materials. Only 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,
 like refrigerators, printers, and office equipment are holding up. EPS demand isn't down as much as other construction materials.

Other hikes

Arkema lifted tabs on its Rilsan specialty nylons and Orgalloy nylon nylon, synthetic thermoplastic material characterized by strength, elasticity, resistance to abrasion and chemicals, low moisture absorbency, and capacity to be permanently set by heat. After 10 years of research E. I.  alloys This is a list of alloys for which an article exists in Wikipedia (or is proposed but not yet written).

They are grouped by base metal, in order of increasing atomic number. Within these headings they are in no particular order.
 by 4% last month. And CYRO hiked acrylic acrylic, artificial fiber made from a special group of vinyl compounds, primarily acrylonitrile. Acrylic fibers are thermoplastic (i.e., soften when heated, reharden upon cooling), have low moisture regain, are low in density, and can be made into bulky fabrics.  molding compounds by 10 cents/lb on Dec. 1.

Thermosets thermosets, materials that can not be softened on heating. In thermosetting polymers, the polymer chains are joined (or cross-linked) by intermolecular bonding. Thermosets are usually supplied as partially polymerized or as monomer-polymer mixtures.  up

AOC AOC,
n an acronym for the Aromatherapy Organizations Council.
, Interplastic, and Hexion followed Reichhold's lead in raising vinyl ester Vinyl Ester, or Vinylester, is a resin produced by the esterification of an epoxy resin with an unsaturated monocarboxylic acid. The reaction product is then dissolved in a reactive solvent, such as styrene, to a 35 - 45 percent content by weight.  products by 5 cents/lb last month. Hexion also followed Dow in hiking hiking

Walking, often among hills or mountains, as recreational sport. It represents an activity in its own right and also figures in backpacking, camping, hunting, mountaineering, and orienteering.
 epoxy resins epoxy resins, group of synthetic resins used to make plastics and adhesives. These materials are noted for their versatility, but their relatively high cost has limited their use.  7 cents/lb in October.

--Lilli Manolis Sherman, Jan H. Schut, Debbie Galante Block
Market Prices Effective Mid-November(a)

RESIN GRADE(b)     cent/LB     cent/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              89-110      3.3-4.1
  SHEET             94-110      3.5-4.2
  TRANSPARENT       129-165     5.1-6.4
  FITTINGS          89-115      3.3-4.3
  PLATING           99-105      3.7-3.9
  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         7.3

ACETTL
  HOMOPOL           148-165     7.5-8.4
   20% GLASS        168-228     8.5-11.5
  COPOLYMER         141-153     7.1-7.7
   25% GLASS        168-240     8.5-12[up arrow]

ACRYLIC
  G-P               117         5.00
  IMPACT            192         8.20

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     16.3-4.7

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

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     6.3-5.9
  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 ll           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          2750        148.5
  30% GLASS         2500        135
  30% CARBON FIB.   3500        185

Key: Colored areas indicate pricing activity. An arrow (')
indicate 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)
Novoloc and anhyride grades for coils, bushings, transformer. (f)

Novoloc and anhyride grades for resistors, capacitors, diodes. (g)
lb. (h) 19,800-lb load. (i) Prices include benzene surcharge. (j)
LME 30-day futures contract for lots of 54,564 lb.

Market Prices Effective Mid-November(a)

RESIN GRADE(b)           cent/LB            cent/CU IN(c)

POLYARYLATE              200-280              8.8-12.3

POLYARYL-
SULFONE                    440                  21.8

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                 154-165                 7.6
  30% GLASS, FR          185-207                11.9
  STRUCT FOAM            159-165                NA(d)

PET
 BOTTLE (RAILCAR)         88-89                4.4-4.5
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              140-145                NA(d)
  ISOPHTHALIC            165-175                NA(d)
  BIS-A                  210-215                NA(d)

POLYETHERETHER-
KETONE (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           81-83[down arrow]    2.6-2.7[down arrow]
 INJECTION          83-85[down arrow]      2.7[down arrow]
 LID RESIN          85-87[down arrow]    2.7-2.8[down arrow]
  LINER             79-81[down arrow]      2.6[down arrow]
 CLARITY            78-80[down arrow]      2.6[down arrow]
 EXTRU COATG        82-84[down arrow]      2.7[down arrow]
 BLOW MOLD          85-87[down arrow]    2.7-2.8[down arrow]

LLDPE,
BUTENE-
BASED
 G-P MOLDING        68-70[down arrow]    2.3-2 4[down arrow]
 FILM               70-72[down arrow]      2.4[down arrow]
  LME 30-DAY(j)      50.1[down arrow]      1.7[down arrow]
 ROTOMOLD           72-74[down arrow]    2.4-2.5[down arrow]

LLDPE,
HAO-BASED
 G-P MOLDING        73-75[down arrow]      2.5[down arrow]
 LID RESIN          83-85[down arrow]      2.7[down arrow]
 LINER FILM         77-79[down arrow]      2.6[down arrow]

HDPE
 G-P [NJ MOLD       70-72[down arrow]      2.5[down arrow]
 FILM               77-79[down arrow]      2.7[down arrow]
 BLOW MOLD          73-75[down arrow]    2.5-2.6[down arrow]

HMW-HDPE
 BLOW MOLDING       77-79[down arrow]      2.7[down arrow]
 FILM               79-81[down arrow]      2.7[down arrow]
 PIPE               84-86[down arrow]    2.8-2.9[down arrow]
 UHMW-PE            100-125[down arrow]        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

POLY-
 PROPYLENE
 (RAILCAR)
  G-P HOMOPOL
  INJECTION         78-80[down arrow]      2.6[down arrow]
    LME 30-DAY(j)    50.4[down arrow]      1.6[down arrow]
  EXTRUSION
  FIBER             76-78[down arrow]    2.5-2.6[down arrow]
 PROFILES           82-84[down arrow]    2.6-2.7[down arrow]
 RANDOM COPOL
  BLOW MOLDING      83-85[down arrow]      2.7[down arrow]
 FILM               83-85[down arrow]      2.7[down arrow]
  INJECTION         80-82[down arrow]      2.6[down arrow]
 IMPACT COPOL
  MED IMP           90-92[down arrow]    2.9-3.0[down arrow]
  HI IMP            93-95[down arrow]    3.0-3.1[down 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                   25
10% GLASS                  669                   32
30% GLASS                  609                   20

POLYURE-
THANE (TP)
 ESTER TYPE              185-255                8-11
 ETHER TYPE              245-295               10.6-13

PU
ISOCYANATES(i)
 POLYMERIC MDI           118-135                NA(d)
 80/20 TDI               145-155                NA(d)

PVC RESIN
(RAILCAR)
 G-P HOMOPOL        52-54[down arrow]           NA(d)
 PIPE               49-51[down arrow]           NA(d)
 FILM               60-63[down arrow]           NA(d)
 COPOLYMER
  FLOORING          68-70[down arrow]           NA(d)
  DISPERSION
    HOMOPOLY        81-87[down arrow]           NA(d)
    COPOLYMER       86-90[down arrow]           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               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[up arrow]           NA(d)
 HEAT & COR RES       243[up arrow]             NA(d)
COPYRIGHT 2006 Gardner Publications, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Your Business: Pricing Update
Author:Block, Debbie Galante
Publication:Plastics Technology
Date:Dec 1, 2006
Words:1992
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