Market Update: commodity resin prices slide backward

14 Oct 2009 • by Natalie Aster

Commodity thermoplastics appear to have reached their peak for 2009 in September, with notations for most grades beginning a downward drift in October.

However, with supply and demand in most polymer markets well balanced, the extent of any downturn will largely be driven by feedstock cost development.

PET resin registered the biggest, with prices falling €70/tonne. Polystyrene was €30/tonne lower and polyolefins were down between €10-20/tonne. LDPE was €10/tonne lower, with LLDPE and HDPE down by €20/tonne.

By David K Platt


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