The upward swing of commodity resin pricing continued in February, with higher prices reported for three materials.
North American polypropylene resins prices saw the biggest hike, jumping an average of 8 cents per pound. That increase reflected a 7-cent increase in prices for polymer-grade…
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A steady supply of materials now available in the U.S., with more production expected to come online soon, is helping to ease price pressures. Resin prices still are higher than this time a year ago, however.