{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Plastic Resin Buyer Brief","title":"9 Resins Under Pressure: The Middle East Conflict, Feedstock Spikes & Buyer Strategy","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/afca36b4\"></iframe>","width":"100%","height":180,"duration":437,"description":"This week on Resin Market Moves, Michael Workman covers the most consequential week in resin pricing in recent memory — and breaks down exactly what buyers should do about it.\nThe conflict in the Middle East has effectively closed the Strait of Hormuz to meaningful trade flow. Over 20% of global crude and more than 5% of global PP moves through that channel. It is not moving right now. The result: feedstock costs spiking across the board, producers pushing increases in every major resin simultaneously, and export demand pulling hard at US domestic supply.\nThis is not a single-resin story. This is a portfolio-level event. And the buyers who understand what is driving each specific market — as opposed to accepting every increase as inevitable — will protect their margins in Q2.\nWHAT WE COVER:PE: Up to $0.10/lb March, $0.15/lb April. Brent at $110–$115. Ethylene toward 30 cents/lb.PP: PGP spot at 51 cents/lb, a 50%+ jump month to date. Invista PDH still offline. One producer at +10 cents/lb April.PS: BZ above $4.00/gal. AmSty 17 cents/lb for April. February supply/demand data actually supports the move.PVC: 3–5 cents/lb March. Heavy turnaround season. One supplier at 7 cents/lb for April.ABS: Celanese $0.20/lb and INEOS $0.15/lb for April. Acrylonitrile up $0.19/lb week over week.PET: Indorama moving immediately. APG and Celanese following. World Cup demand tailwind ahead.PC, PA6, PA66: Celanese moving across engineered materials. April the focus. Demand still soft.The 5 things smart buyers are doing right now before Q2 locks in.RESOURCES:ResinSmart Price Benchmark60-day free trial Weekly newsletter——\nResinSmart is the industry's only platform combining real resin market analytics with hands-on supplier negotiation guidance. Powered by RTi — 25+ years, 25B+ lbs of transaction data.Subscribe for weekly episodes every Friday.","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}