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PVC Prices Enter Cyclical Downturn

Plastics Today - 6/2/2023 12:00:00 AM
After a cyclical peak in the third quarter of last year, prices for PVC resins eased a bit in the fourth quarter. This decline was foretold last August, when the rate-of-change curves for PVC supply and demand intersected (see chart). Both of these curves ...

PVC, PS resin prices take opposite paths in May

Plastics News - 5/25/2023 7:07:00 PM
North American prices for PVC and polystyrene resins have moved in different directions since May 1, with PVC prices dropping while those for PS were on the rise. Regional PVC prices were down an average of 2 cents in May after being flat for two consecutive months.

Soft Prices for Volume Resins

Plastics Technology - 6/2/2023 12:00:00 AM
While PP and PE prices may be bottoming out, a downward trajectory was likely for all other volume resins, including engineering types.

Plastics pricing: Tight supply keeps Asian PVC prices rising into May

Plastics Today - 5/31/2023 12:00:00 AM
This all according to plastics pricing service ChemOrbis (Istanbul, Turkey). According to the company, PVC prices in Asia have continued to move higher for May despite that slack demand out of China. Tight import PVC supplies across the region, rapidly ...

Commodity Resin Prices Flat to Lower

Plastics Technology - 6/1/2023 6:19:00 AM
Heading into May, the price trajectory for commodity resins was projected to be largely downward, with PP expected to face a double-digit correction and more modest declines for other volume resins. These are the views of purchasing consultants from Resin Technology,

Reliance Industries Share Price Tumbles As Indian Shares Slide

InvestingCube - 6/9/2023 3:52:00 PM
Reliance Industries (NSE: RELIANCE) share price is trading lower after a strong rally at the end of May 2023. The shares of the Indian corporate giant are currently 2.09% down from their May highs. The latest analysis shows that the stock is trading in a very critical zone and needs to bounce soon.

PVC, PS resin prices take opposite paths in May

Plastics News - 5/25/2023 7:07:00 PM
North American prices for PVC and polystyrene resins have moved in different directions since May 1, with PVC prices dropping while those for PS were on the rise. Regional PVC prices were down an ...

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