As we enter the fourth quarter, price relief has already been felt in the four major commodity thermoplastics and four large-volume engineering resins. Flat or lower prices can be expected for nearly all of these for the remainder of the year. That's the view of resin purchasing consultants at Resin Technology, Inc. (RTi) in Fort Worth, Texas (resinpros.com), who cite lackluster domestic and export demand, a slowed economic recovery, and global economic uncertainty as the overall drivers behind this trend. Feedstock costs dropping to more typical levels is also a key factor in the lower price outlook— barring any major unplanned outages of resin or feedstock production plants, of course.
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