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Resin prices slide for PP, PET

North American prices for polypropylene and PET bottle resin both declined in June, as demand continued to wobble.

PP resin prices saw a big drop in May

North American polypropylene resin prices declined in May as a result of weaker demand and lower feedstock costs.

PP market beginning to balance out ; PET only resin price to increase

Two major commodity resins saw lower prices in North America in April, while one material saw a slight increase.

Polypropylene resin prices drop in April 2023

The North American polypropylene market remains as volatile as ever as resin prices drop in April after seeing an increase in March.

Restocking, feedstock costs cited in resin price increases in March

"The question is what's driving demand: restocking or consumer demand?" market analyst Mike Burns said. "I think it's more likely that it's processor restocking."

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