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Polypropylene resin prices dive, trailed by less-volatile polyethylene

from Plastics News

North American polypropylene resin prices have plummeted an average of 14 cents per pound since Oct. 1, with polyethylene prices taking a smaller, 3-cent drop since then as well. The PP swoon ends a two-month period in which prices were flat. Prices for the material had tumbled a total of 19 cents per pound in June and July. That drop came after the market was besieged by a total of 37 cents in increases from January through May. more

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