Prices of PE, PP, PS, and PVC were on the way down last month after remaining flat or slipping slightly in September. Demand isdismal, except for PE, where the market is only lackluster. Moreover, downward pressure is coming from price erosion of key feedstocks and growing inventories at resin suppliers. Barring unexpected world events, this softer resin pricing trend is expected to continue for the remainder of the year, according to resin purchasing consultants at Resin Technology, Inc. (RTi), Fort Worth, Tex. (resinpros.com).
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