resin and plastics pricing news

Effective January 1, 2013, NOVA Chemicals will increase the price for all grades of polyethylene resins by five cents ($0.05) USD per pound. Should you have any questions regarding product availability, pricing, or current orders, please contact your NOVA Chemicals Account Manager. (Nova) (Dow) (Westlake)

U.S. Resin Producers Effective January 1, 2013

Stretch Increase Announcements (Sigma) (AEP) (Intertape) (AmTopp) (Western Plastics)
U.S. Resin Producers January 2013

February Resin Increase Announcements (Dow) (Equistar)
U.S. Resin Producers January 2013

Polyethylene prices edged a penny higher when January rolled in. Strong exports helped producers eliminate excess inventories and the New Year began tightly supplied. While the flow of fresh railcars has yet to show, we expect them to be priced up the full $.05/lb increase nominated for January. At least one producer has already floated another $.04/lb increase for February, others will likely follow suit.
Trade Reports January 2013

The Ethylene market was rocked by a series of unplanned cracker outages, sending spot monomer prices soaring almost $.07/lb. Although these disruptions really affected short-term supplies, a number of crackers are also slated to come offline during the first 4 months of 2013. Ethane prices finally bounced back a bit, rising a couple cents.
Trade Sources January 2013

Tight supplies near year-end has led to increased monomer market volatility and sharply higher prices triggered by outages. They will support producers' efforts to increase resin contracts in January.
Trade Sources January 2013


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