Tuesday, July 21, 2009

PLASTIC MATERIALS PRICING TRENDING UPWARDS AGAIN

Once again, we are seeing many materials, especially engineering resins, increasing in price.
And commodity resins, like ethylenes, and some lower priced engineering resins like ABS, which had dropped significantly in 2009 are now creeping upward. Whatever the reasons for the current increase (rebuilding margins, spot shortages, etc.), our concern is about what will happen when demand picks up. It appears you can expect to see continuing upward cost pressure.

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