North American polypropylene resin prices increased by an average of 2 cents per pound in August, marking the third consecutive monthly price hike for the material. The August PP increase was ...

Spot resin trading stayed active into mid-month, with above-average completed volumes across the marketplace supported by strong export sales, reports the PlasticsExchange in its weekly Market Update.

Polyolefins face highest price hikes due to the Iranian conflict’s disruption of global energy, feedstock and resin trade flows.

Geopolitical tensions around the Strait of Hormuz are disrupting petrochemical flows, driving up polyethylene and polypropylene prices to multi-year highs and causing shortages across industries. Asia ...