Polycarbonate Price Index

Railcar storage is also beyond capacity as a result of need for cars to be emptied and
With a CAGR of 4.5 percent, the polycarbonate market is likely to reach a value of more than 2.7 billion U.S. dollars in 2026. Among the largest producers of polycarbonate is the Germany based Covestro.

Even once containers arrive and are offloaded, trucking availability and persistent congestion at rail terminals add to lead time.

Important Factors To Consider While Choosing Lenses

of the global polycarbonate market. In value terms, China emerged as the key foreign market for polycarbonate exports from the Philippines, comprising 87% of total exports.

Resin prices are constantly changing, but luckily some sites like PlasticsToday are keeping weekly tabs. By summer 2021, all grade A PE grades were priced over $1.00/lb, with some like HDPE transacting even higher. Prices for resin along with other plastics may also be tracked by the Plastics Exchange.

Continuing Market Pressures Will Probably Cause Prices To Continue To Rise

Lumber – Demand for lumber outweighs available supply, market prices have soared, doubling or tripling sometimes. That is placing strain on construction projects, contractor jobs, increasing home prices and causing significant losses in pre existing contracts. The lumber shortage could be largely attributed to the COVID-19 shutdown of lumber mills that halted US and Canadian production. The US is looking to increase imports from Europe in reaction to offset the recovering industry workforce. Steel – The shortage in steel is because low raw resources, low inventories, mill shutdowns
Over the period under review, consumption, however, posted prominent growth. The growth pace was the most rapid in 2011 with an increase of production. Polyethylene prices were poised to stop by another 5¢/lb in November after falling 5¢/lb in October. Another 5¢/lb drop was likely for December, in accordance with Mike Burns, RTi’s v.p. Of PE markets, as well asPCW senior editor David Barry and The Plastic Exchange’s Michael Greenberg.

  • Chevron Phillips Chemical and LyondellBasell weren’t the only real resin producers influenced by the Gulf Coast storms.
  • Some limitations are expected because of planned and unplanned outages and co monomer supply issues.
  • Sustained high volumes of PET imports bridged the demand gap, despite high freight costs—which were likely to drop in January.
  • In addition, some of this month’s price movement is due to delayed February price increase implementations.

Sustained high volumes of PET imports bridged the demand gap, despite high freight costs—which were likely to drop in January. PCW’s Barry reported that PE spot prices continued to trend reduced the final week of November, as producer inventories grew and buyers worked to trim finished goods and resin inventories. “Processors continued to cite labor and trucking issues as their major operational constraints, and overall resin demand remained healthy. Some plastic film and bag producers continued to see order backlogs at least doubly long as normal,” he reported. Demand continues to be good especially from the automotive sector and in addition from general appliances and electrical/electronic end users. Even the building and construction sector is picking right up in preparation for second quarter, which is typically the strongest part of the year.

to shutdowns as a result of Coronavirus pandemic. Raw material production plants, logistic supply chains and fabrication facilities shut down or operated at highly reduced capacity, while stockpiles were depleted as conditions continued to worsen. Demand is likely to continue to be strong through the summer months with raw material costs increasing. As companies work to bounce back, also, they are tasked with the ongoing battle of long lead times that keep them under Force Majeure. Throughout these months, it is important that we are organizing ahead when we can, along with substituting preferred resins for alternatives when available. Now, several weeks later, the Louisiana and Texas plants remain recovering from the national winter/ice storm that caused so many shut-downs.

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