{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Plastic Resin Buyer Brief","title":"Crude Above $100: September Resin Buyer Game Plan (PE, PP, PS, ABS, PC, PVC, PA66, PA6, PET)","html":"","width":"100%","height":180,"duration":767,"description":"WTI crude jumped 13% in a single week, crossing above $100 per barrel for the first time since May. The trigger: rapidly escalating US-Iran military tensions and a surge in tanker attacks in the Strait of Hormuz.\nBut the crude spike doesn't affect every resin market the same way — and that distinction determines your entire September negotiating position.\nIn this episode, Michael Workman covers all nine major resin markets and explains the one number that most buyers don't know they need right now: the September benzene contract settled at $4.56–4.57 per gallon, down two cents from August. That's the documented current data point. Benzene spot is at $4.83 — elevated with crude — and spot levels set October contracts. If you're buying any benzene-linked material and haven't closed your September pricing conversation, this episode is the one to act on today.\nWhat's covered:\n\nPolyethylene — Producers want 7–10¢/lb back after a 10-cent July decline. The Golden Triangle Polymers joint venture just started up a 1 million mt/yr HDPE unit in Orange, TX. New supply, unchanged ethylene feedstock. The case for the full increase isn't there.\nPolypropylene — No September increases. PGP below 40¢ and moving lower. LyondellBasell Lake Charles down 30 days. P66 Bayway offline. Both are real outages — neither has tightened the market enough to change the buyer's position.\nPVC — 2¢/lb push into ample inventory and a construction season that hasn't delivered the demand recovery producers needed. Hold firm.\nPET — No proposed increases. Post-bottle-season demand softening. Feedstocks ticking modestly higher. Gulf Coast hurricane exposure is the Q4 variable to watch.\nPolystyrene, ABS, PC, Nylon 66, Nylon 6 — The benzene contract is settled and in your favor for September. Act before October is negotiated at a different benzene level. For PA6 specifically: caprolactam fell more than $136 per metric ton this week while three producers are pushing 5–8¢ increases. Lead with that number....","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}