{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Plastic Resin Buyer Brief","title":"Everyone Watched the Crude Spike. The Aftershock Already Hit Five Resins.","html":"","width":"100%","height":180,"duration":367,"description":"WTI crude surged over 5% last week, peaked just shy of $84 a barrel on Strait of Hormuz shipping disruptions, then pulled back to $81 by Thursday. The reversal was real.\nBut the August benzene contract had already settled before the relief came. For polystyrene, ABS, polycarbonate, PA66, and PA6 buyers, the aftershock landed mid-week and it doesn't go backwards because crude came off its highs.\nIn this episode, Michael Workman walks through every major resin market — where supply is long and leverage is real, where the benzene settlement changed the cost picture, and the one active price increase in the market right now and why caprolactam is the data point every PA6 buyer needs before responding to anything.\nWhat's covered this episode:\nThe crude oil and benzene story — WTI peaked just shy of $84/bbl on Strait of Hormuz disruptions before pulling back to $81 by Thursday on weak demand data and a large U.S. domestic stockpile build. Why the partial crude reversal didn't undo the August benzene settlement — and what that means for buyers in benzene-linked resins.\nThe two-track market — PE, PP, PVC, and PET buyers remain in a supply-long environment with no August price increase initiatives. Benzene-linked resin buyers woke up to a different cost conversation mid-week.\nPE — ResinSmart is tracking a fourth consecutive monthly inventory build. Producers seeking 5 cents per pound for August to recover a portion of July's 10-cent decline. The supply data doesn't support it.\nPP — No August initiatives announced. August pricing will follow the PGP settlement. Brief PDH flaring at Invista resolved by week's end — noise, not a signal.\nPVC — Third consecutive monthly inventory build. No August initiatives. Construction demand still soft. Buyers hold the leverage.\nPET — No announced increases. PX and PTA costs expected to provide a firmer floor following July's 3-cent decline. Seasonal bottle demand below expectations. Gulf Coast weather remains the watch point through end...","thumbnail_url":"https://img.transistorcdn.com/9sQKF90z4mZMcXCjKzZYFM5EfH2MoBWVj1RDIOBqoTM/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS82NDZm/ZDZjZDg5MWQwNTVm/NWFiYjczODZhMTYw/NGVjNS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}