Resin Outlook for Plastic Injection Molding

The trend for pricing for commodity and engineering resins for the first quarter is they are rising.  According to an article in Plastics Technology April 2012, this was primarily driven by feedstock cost increases and in some cases resin supply. 

The following pricing and information was printed in Plastics Technology April 2012 article “Commodity & Engineering Resin Prices Climb Higher”, written by Lilli Manolis Sherman, Contributing Editor.

Polyethylene Prices

Polyethylene prices were projected to increase through April causing the January price hikes to molders.  Mike Burns, RTi’s VP of PE states “although, there has not been anything to support increased pricing in fact market indicators determine PE prices peaked in January.  These indicators include ethylene monomer contract and spot prices both trending downward in March, supplier inventories grew by 450 million pounds in January and February but global demand is flat.  Even so suppliers determination to keep prices high has dominated the market.”