Material Insights video


Contrasting changes in price for polypropylene and polystyrene resins in North America are explored in this week's Material Insights video.

PP prices in the region are up an average of 2 cents per pound since Aug. 1, while average PS prices have slipped 2 cents per pound since July 1. PP makers tried, but were unable, to improve margins by adding another 2 cents to the August increase. The increase ends a trend that had seen PP prices fall an average of 20 cents per pound between May and July.

The PS drop comes after prices fell an average of 4 cents per pound in June. Regional prices for that material had increased an average of 10 cents per pound earlier in the year.

This week’s video also takes a look at a strike by 72 workers at a PP plant operated by Braskem in Neal, W.Va. The workers, affiliated with United Steelworkers Local 721, have been on strike since Aug. 16, over concerns about reduced retirement benefits....
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