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Prices rise for polyethylene, PET

Plastics News

Regional PET bottle resin prices also were up 2 cents for the month, according to market sources contacted by Plastics News. Regional PE demand also had been down because processors had built larger-than-normal inventories after the COVID-19 pandemic, sources said. Mexico was the largest source of U.S. It’s OK, but not great.”

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IN THE NEWS with Fastener News Desk the Week of September 23, 2024

Fastener News Desk

The International Longshoremen’s Union is demanding significantly higher wages and a total ban on the automation of cranes, gates and container movements that are used in the loading or unloading of freight at 36 U.S. SOURCE: Vimi Fasteners NEFCO announced the official opening of their new 75,000 sf distribution center in Austin, TX.

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Commodity prices rise; engineering resins drop

Plastics News

Regional PE demand also had been down because processors had built larger-than-normal inventories after the COVID-19 pandemic began, sources said. Strong seasonal demand for bottled water and other beverages played a role in lifting PET prices in 2022, as well as a lack of new capacity and freight and logistics challenges.

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Plugging the gap: How HVO fuel is helping operators decarbonise

SMMT

Designed to be used with the latest Euro-6 trucks, and as a sustainable fuel source with a significantly lower carbon footprint than diesel, manufacturers believe it can reduce CO2 emissions by up to 90%.

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Manufacturing PMI® at 49.1%; January 2024 Manufacturing ISM® Report On Business®

Fastener News Desk

There is a real short-term increase in the cost of international freight.” Forecast sales have decreased slightly in most product segments, with only limited growth related to customers’ competitive sourcing and moves to new technology. ” [Food, Beverage & Tobacco Products] “U.S.

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Most commodity prices drop, but PE stays flat

Plastics News

Regional PP prices were down an average of 15 cents per pound, according to market sources contacted by Plastics News. That drop was a combination of a decline in price for polymer-grade propylene (PGP) feedstock and buyers reclaiming some margin from PP makers, sources said. One market watcher said U.S.

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Most resins saw prices drop in December

Plastics News

That drop came from a 1-cent downward move for polymer-grade propylene feedstock and from buyers taking back 3 cents in margin, according to market sources contacted by Plastics News. Since September, regional prices for polycarbonate are down an average of 11 cents per pound, according to sources contacted by PN.