The ACC's preliminary May data hit this week and it's decisively buyer-friendly — but only if you're paying attention.
In this episode of Resin Market Moves, Michael Workman walks through the week's key market developments across nine major resin families:
- PE's MASSIVE build one of the largest single-month gains in years — and why it undermines this month's $0.10/lb increase initiative
- PP at 1.97 billion lbs of inventory as demand softens, exports fall 22%, and PGP continues declining
- Why the second half of June is the better time to negotiate PP
- PA6 caprolactam's $136/mt single-week decline and what it means for BASF's ask
- Celanese's PA66 capacity reductions and the H2 supply story
- PET's unique position: seasonal demand support vs. softening feedstock forecasts
- A practical buyer action framework for the week
Resin Market Moves is a weekly market intelligence briefing for plastics processors and resin buyers. Powered by RTi Global, since 1998.
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